With a year to go to the 250th anniversary of American independence we’re of a mind to mark the crisis of debt — and the failure of the Congress to address the lack of reform. Instead it’s going to ...

High school students shocked to learn about the $37 trillion national debt and their $323,051 share per taxpayer as their teacher explains government spending consequences ...

$30.9 trillion Total debt when the Inflation Reduction Act is passed Biden successfully pushed Congress to spend more on veterans’ health, physical infrastructure and government agencies.

Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's "One Big Beautiful Bill Act." ...

Economics correspondent Paul Solman explains the ballooning national debt, how we got here and what it means for our economy and future generations.

President Trump doubled down Wednesday on calls to scrap the nation’s debt ceiling, pressing for bipartisan action to abolish it and finding common ground with Democratic Sen. Elizabeth Warren ...

What is the debt ceiling? The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills to those it borrowed from and dole out money ...

Trump proposes policies that would increase the soaring national debt The White House’s One Big Beautiful Bill would cost trillions, and other administration moves likely wouldn’t fill the ...

The U.S. national debt debate intensifies as GOP senators and Elon Musk criticize spending cuts. Discover why deficit reduction remains a political challenge.

Rising debt-servicing costs force the government to borrow more money to make its payments; investors, in turn, demand even higher interest rates, which pushes debt-servicing costs even higher ...

Conservatives have been holding out against the major tax and spending cut package to implement President Trump’s agenda, arguing it will swell federal deficits. The Moody’s downgrade ...

Their new budget framework is the most irresponsible in modern history—and will put the American economy on a very dangerous trajectory.