The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...

"This is not the future any of us want, and it’s no way to run a great nation like ours." LARGE DEFICITS, HIGH INTEREST RATES MAKING FEDERAL DEBT LESS SUSTAINABLE The unrelenting increase is ...

according to statistics from the US Debt Clock service. The service's database shows $36 trillion in the "total national debt" column as of November 15. This is a record figure. In early January ...

NEW YORK, UNITED STATES - JANUARY 19: A screen shows the national debt clock after the US hit its ... [+] debt limit and the Treasury started using âextraordinary measuresâ to avoid default on ...

Days before the US government could start to run out of money and default on its debt, Congress has approved a deal to lift the country's borrowing limit. US President Joe Biden and Republican ...

US lawmakers are running out the clock in a standoff over how much money the government can borrow US lawmakers have temporarily put off a dangerous game of brinkmanship over lifting the debt ...

As debt climbs, the US government is spending over $1 billion daily on interest payments alone. This year, servicing the debt is expected to exceed $1 trillion—more than what is allocated for ...

Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January, starting the clock on a major fiscal challenge facing ...

But what is the debt ceiling? When will the US hit its debt ceiling? Here's what you need to know. More: Will there be a government shutdown? Live updates on the latest from Congress The debt ceiling ...