President Donald Trump says there is a proposal to use portions of the DOGE's savings to pay down national debt and provide ...

Iconic investor Ray Dalio says the US government is headed toward a "debt death spiral" due to chronically large deficits.

Musk believes some $1 billion per week is being spent on fraudulent Treasury payments, prompting Trump to ask if this could ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

Rep. Marjorie Taylor Greene offered this opening statement as she chaired the first hearing of the House DOGE Committee: REP.

US household debt soared to a record high of $18.04 trillion in Q4 2024,, driven by surging credit card balances. While ...

In a recent discussion, Elon Musk highlighted a critical fiscal issue: the United States' interest payments on its national debt have now surpassed the entire Defense Department budget. He emphasized ...

You’ve heard warnings for years about how a fiscal crisis was brewing in the United States because the debt is unsustainable ... States Treasury will pay its interest and principal on ...

National Economic Council Director Kevin Hassett told CNBC on Monday that Trump's comments weren't about payments to holders of US debt but possible improper payments to contractors and for grants.

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...