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

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?

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 ...

The growing national debt is a threat to national security and must be brought under control to preserve the security of the ...

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

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

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

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

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

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