With the growth of federal debt held by the public down 92% under Trump, the nominal national debt is actual down by $5.5 ...

In its current form, the budget legislation moving through Congress would exacerbate the fiscal challenges we face.

The Republican-controlled House of Representatives is moving forward with plans to raise the national debt ceiling by $4 trillion.

Candidates Joe Biden and Donald Trump have added trillions to the national debt during their recent presidential administrations, leaving America at a critical juncture that demands urgent ...

The national debt has surged past $36.5 trillion, with no signs of slowing down. Both parties are complicit, but it is the left’s relentless push for government expansion, social programs ...

The think tank said Monday that tax revenues will also be a key factor in the timeline. The debt limit was last suspended ... staving off the threat of national default through early 2025.

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates can go up.