The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to...
Federal budget
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy.This fact is perhaps...
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...