Browsing: national debt
The Congressional Budget Office’s latest monthly budget says the U.S. government operated at a deficit of $1.17 trillion for the…
The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue…
What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: Theories range…
President Trump’s fiscal year 2027 budget is built on a single, load-bearing bet: that the U.S. economy can grow at…
President Trump’s fiscal year 2027 budget proposal, released Friday, calls for boosting total defense funding to $1.5 trillion — a…
There’s an idea about how political power is supposed to work in the U.S. To guard against anything resembling monarchy,…
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its…
Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Monday, telling a Harvard economics class…
The year was 1974 and President Richard Nixon had dispatched his Secretary of State Henry Kissinger to Saudi Arabia to…
The U.S.’s eye-watering debt burden poses an “existential threat to the future of our nation,” the chairman of the House…