And even worse, the national debt crisis remains the much larger threat to the boat’s integrity. The U.S. national debt is now 122 percent of our $28.6 trillion GDP. If left unaddressed ...

"Rising debt will continue to put upward pressure on interest rates," the Committee for a Responsible Federal Budget (CRFB), a nonpartisan group that advocates for lowering the national deficit ...

Most economic textbooks will tell you that there can be real dangers in running up a big national debt. A major concern is how the debt you add now could slow down economic growth in the future.

The U.S. national debt has increased by $1 trillion in the five weeks since President Biden signed a bill into law that effectively turns off the debt ceiling until 2025. According to Treasury ...

Estimates vary on exactly how much Trump's 2017 tax bill added to the national debt, but none place its impact at 25% of the total figure. Experts told USA TODAY more than a quarter of the ...

The national debt hit $36 trillion—less than four months after surpassing the $35 trillion mark. There is plenty of blame for this mess. Yes, former President Donald Trump added $8 trillion to ...

President Biden wrongly claimed Tuesday that he slashed the national debt by $1.7 trillion — despite increasing it by about $3.84 trillion over his first two years in office. The 80-year-old ...

When Trump was last in the White House in 2020, the federal government was spending $345 billion annually to service the national debt ... to remove abandoned boat from St. Croix River.

The cost of servicing America’s national debt is expected to soar over the next 10 years to unprecedented levels, as net interest expense on the debt will cost more than $1.4 trillion annually ...

The national debt is, well, monumental. Currently, it’s north of $34 trillion. There are all kinds of ideas for shrinking the government’s annual budget shortfall and minimizing its impact on ...

A 2010 economics paper suggested that there was a red line for national debt levels beyond which economic growth would suffer. That theory has since come under fire. According to the Treasury ...