President Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he ...

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

Senator Rand Paul said on Sunday that he will not support President Trump’s flagship domestic legislation unless a ...

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 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.

Now, the Congressional Budget Office (CBO) demonstrates that a difficult culprit will make you feel poorer over the next few decades: The nearly $35 trillion (and growing) national debt.

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.

If Congress and the president don’t care about small stuff when it comes to controlling the national debt, why should voters believe the debt is a problem that warrants entitlement reform?

As the national debt soars toward a new and worrisome record, neither President Biden nor former president Donald Trump is likely to bring the tide of red ink under control, experts say.