The national debt continues to rise at a breakneck pace, with Americans bearing a greater and greater debt burden. The ...
The national debt, currently at $36.3 trillion and growing, is a boulder weighing on economic prosperity. The money lent to ...
In this edition of the Hot Seat, Mike Murphy from the Committee for Responsible Budget Policy addresses the $36 trillion ...
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off ...
The United States borrows money to pay its bills and obligations, including funding for social safety net programs, interest on the national debt and salaries for members of the armed forces.