The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...

Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...

If you feel your credit card bill is bad, you should see the amount of federal debt the United States holds. The rapidly growing deficit seems to indicate between what the government spends, ...

Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.

The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

That year, the national debt was 46% of America ... A bipartisan fiscal commission could be crucial in addressing the United States’ national debt problem by providing a structured ...

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

Let’s hope that Elon Musk is, indeed, a latter-day Grant, doggedly pursuing the spending that strangles our country, ...

By Alan Rappeport Reporting from Washington The United States is poised to add trillions of dollars to the national debt over the next ... deficit this fiscal year and that annual deficits over ...

Further, Herbert noted that “the United States spent more money in the 2023 fiscal year servicing the debt than on national defense.” The other economic consequences of a debt crisis include ...

In this edition of the Hot Seat, Mike Murphy from the Committee for Responsible Budget Policy discusses the United States' national debt surpassing $36 trillion, and why experts believe this ...