The U.S. defaulting on its financial obligations would have catastrophic and worldwide consequences. Some financial experts have even predicted that it could trigger a worldwide downturn equal to the ...
Discover how Treasury Secretary Bessent’s strategies improved bond market liquidity and managed $1.8T debt efficiently.
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US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic
The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high.
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'Something has to give' watchdog warns as national debt climbs rapidly toward $39 trillion
We're on course to spend $1 trillion just on interest payments on the national debt this year, exceeding our spending on our ...
The U.S. Treasury is widely expected this week to announce its intention to keep note and bond auction sizes unchanged over ...
It’s tough to decide what the most appalling part is of today’s announcement from the Treasury: that we surpassed an unprecedented $38 trillion in gross national debt; that we’ll likely hit the next ...
The One Big Beautiful Bill recently got signed into law, reducing taxes for many Americans. But what will the hefty cuts mean for the U.S. national debt? Here’s how economic experts say the costs of ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
From the White House to Congress, lawmakers are hashing it out on how to solve the nation's massive debt crisis -- and the negotiations, shall we say, are less than pretty. President Obama is set to ...
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