Anirudh Devgan has a theory about why smart people keep making the same mistakes. Every generation faces a new wave...
national debt
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...
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...
The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated...
Social Security is six years from insolvency. That’s not a projection buried in an actuarial footnote—it’s the opening finding of...
As the national debt careens above $39 trillion, the Trump Administration is weighing policy changes that could heap hundreds of...
The United States’ gross national debt crossed $39 trillion on Tuesday, a grim new threshold that a prominent fiscal watchdog...
This rom-com formula is now a staple of holiday TV programming: a busy professional from the big city goes back...
As U.S. and Israeli forces continue hammering Iranian targets for a second week, a prominent fiscal watchdog is sounding an...
On February 11, the Congressional Budget Office released its closely-watched, 10-year projections for the U.S. budget, this addition covering FYs...
U.S. is entering a financial crisis more indebted than ever. Here’s a warning Washington is ignoring
The U.S. has never been more financially exposed heading into a potential economic crisis. With the national debt now equal...