The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...
Rep. Marjorie Taylor Greene offered this opening statement as she chaired the first hearing of the House DOGE Committee: REP.
Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...
Musk believes some $1 billion per week is being spent on fraudulent Treasury payments, prompting Trump to ask if this could ...
A newly introduced bipartisan bill in Congress would require the U.S. Congressional Budget Office to include the cost of interest payments when calculating the cost of ...
Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...
Billionaire and Cost Plus Drugs co-founder Mark Cuban floated the idea of creating a memecoin to fund payments on the US national debt ... president has shown interest in the crypto world.
Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.
The United States ... has too much debt and must borrow to service it. According to Dalio, investors are acutely aware of this, which is causing credit to get worse and interest rates to increase.
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