Fact checked by Suzanne Kvilhaug Reviewed by Samantha Silberstein Key Takeaways As of May 2026, the U.S. national debt exceeded $38 trillion.Budget deficits occur when government spending exceeds tax ...
The federal debt passed an uncomfortable milestone this year, outgrowing the entire U.S. economy. That poses risks, but policymakers show little sign of addressing it.
US debt now exceeds the economy, and rising interest costs are adding pressure, raising questions about how sustainable our ...
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
Washington quickly brushed off a startling milestone in a mounting problem. By Peter Coy For years, deficit hawks have been ...
U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching over 100% of GDP in March.
The U.S.’s eye-watering debt burden poses an “existential threat to the future of our nation,” the chairman of the House Budget Committee has warned, as the country’s borrowing figure tipped over $39 ...
WASHINGTON -- The United States' deficit for the current fiscal year is increasing at a lower rate compared to the prior year, with the federal government ending January with a nearly $697 billion gap ...