The Treasury Department announced this week that it expects to borrow more than anticipated in the current quarter as incoming...
national debt
Ray Dalio: the ‘heart attack’ of America’s debt crisis is just the beginning of a ‘great turbulence’
Ray Dalio has been warning for years that America’s debt problem could trigger an economic “heart attack.” Now he’s saying that’s...
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to...
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s infrastructure—is predicated on the...
The U.S. is now unmatched in a regrettable category. Among rich and spend-happy nations that are globally seen as safe...
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future lawmakers, although...
The value of debt held by the public has officially surpassed the size of the U.S. economy, and members of...
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table...
‘The national debt is now larger than the economy’: Watchdog marks milestone for $39 trillion burden
The United States has crossed a grim threshold: the national debt now exceeds the size of the entire American economy....
An excellent new study from the non-partisan Brookings Institution provides an ultra-sobering view of the potential tax increase U.S. families...
America has its viral AI doomsday essay. Now it has a debt version. No Labels, the centrist political organization that...
Anirudh Devgan has a theory about why smart people keep making the same mistakes. Every generation faces a new wave...
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy.This fact is perhaps...
Soaring U.S. debt is causing Treasury bonds to lose their risk advantage over other securities, making it more expensive to...
German Enlightenment philosopher Immanuel Kant argued in his 1795 essay Perpetual Peace: A Philosophical Sketch, that nations should conduct themselves...
Following the 2003 Iraq war, the Congressional Budget Office (CBO) projected the U.S. had spent $500 billion in direct costs...
The Committee for a Responsible Federal Budget (CRFB) has a ticker on its website: The Retirement Trust Fund Countdown. At...
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 proposal, released Friday, calls for boosting total defense funding to $1.5 trillion—a jump that...
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to release its...