In a decade, the government will send an amount equal to nearly half the income taxes you pay to its bondholders. That money won't be available for programs or tax cuts.
This distinction matters because you cannot put your life on hold while waiting for certainty. You can’t delay retirement, ...
“Inflation may not wait for debt to pile up. It can arrive the moment Congress commits to that debt-ridden path.” ...
A report on Monday said regulators told banks in China to dial back Treasury holdings. Bond yields edged higher and the ...
The C.B.O. said that the amount of debt held by the public is expected to become much larger than the annual output of the ...
Mortgage rates rose again this week, with the average 30-year fixed rate climbing past 6.8%. That’s not just a post-pandemic hangover; it’s a warning sign. Behind the scenes, rising government debt is ...
US Debt Danger as the American economy in crisis or financial trouble due to spending with a fear of ballooning deficit in the United States economic situation as a huge risk to Washington. The impact ...
The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June.
Despite talk about DOGE, spending cuts, and the chatter about tariff revenue plugging the budget hole, the national debt keeps getting bigger and bigger.
Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...
The government shutdown is not only causing political disruption and paused paychecks for hundreds of thousands of workers, but it is also adding to the national debt. It is paradoxical to think that ...