The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to...
government debt
The value of debt held by the public has officially surpassed the size of the U.S. economy, and members of...
An excellent new study from the non-partisan Brookings Institution provides an ultra-sobering view of the potential tax increase U.S. families...
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy.This fact is perhaps...
The U.S. government has a lot to pay for at the moment: in addition to mandatory spending like Social Security,...
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...
The U.S.’s eye-watering debt burden poses an “existential threat to the future of our nation,” the chairman of the House...