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The Treasury Department faces the challenge of refinancing $11 trillion in U.S. debt within a year as President Trump calls ...
As Elon Musk argues, rising national debt and debt servicing costs are curtailing the growth prospects of the U.S. economy.
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...
The U.S. will pay $1 trillion in interest on the $36 trillion national debt next year, more than it spends on Medicare and ...
Cue the laugh track, because Bessent’s growth fantasy is a joke when viewed through the lens of history and facts.
The United States on Friday reached $37 trillion in debt, less than a year after it surpassed $36 trillion .
Similar concern among a handful of Republican budget hawks in the Senate is complicating the bill's path to passage by ...
Ray Dalio, Ken Rogoff, and Niall Ferguson are among those who are worried about a potential meltdown.
The “One Big Beautiful Bill” in its current form is not the right approach. It would add $3 trillion to the national debt.
“The term ‘debt’ means any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which ...
The more Republicans insist that their far-right legislation would shrink the deficit, the more the CBO's arithmetic points ...
Like deferred maintenance on the Gay Street bridge, the national debt won’t become a problem until it does – which elected officials hope happens long after they leave office. This year, interest on ...