The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...

Extending President Donald Trump's 2017 tax cuts could push the national debt to vast levels by 2054, especially if interest ...

The national debt is very much like the weather. Everyone complains about it, but no one does much to fix it. In 2009, when ...

The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

The national debt now exceeds the nation’s gross domestic product by over 20 percent. If a company managed its finances the way that the federal government does, it would need to file for ...

Santi Ruiz, a senior editor at the Institute for Progress, examines what DOGE has been trying to accomplish in its first few ...

Policy analyst Tanvi Ratna breaks down what President Trump is really up to with his tariffs, and it is more ambitious that ...

now exceed the costs of Medicare and the defense budget. SOARING DEFICITS TO PUSH PUBLICLY HELD DEBT TO RECORD LEVEL IN 4 ...

The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...