Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.

The national debt, currently at $36.3 trillion and growing, is a boulder weighing on economic prosperity. The money lent to ...

Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the ...

America's national debt hit a new record in November when it eclipsed $36 trillion for the first time ever. It's a staggering amount that can not only effect U.S. economic growth but also essential ...

Too much government debt is harmful to an economy and its citizens. Will Trump and Musk be able to restore fiscal sanity in Washington?

The gigantic national debt is finally starting to spook financial markets. That could hamstring Trump's economic agenda.

Kansas U.S. Rep. Tracey Mann addressed the soaring national debt in a recent committee hearing, in which he emphasized the severity of the situation and how ...

As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...

OUR national debt stood at P15.19 trillion ($273.9 billion) since October 2024. The country's gross domestic product (GDP) is ...

On Tuesday, the Treasury Department started taking "extraordinary measures" to avoid breaching the debt ceiling while urging ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...