The national debt is the total amount of money a country’s government owes to its creditors. A higher national debt can affect personal debt through increased interest rates, reduced benefit programs ...

President Joe Biden left America so far in the red it's almost impossible to imagine. The US is is already $36 trillion in ...

forecasts show Billionaire investor Paul Tudor Jones has warned about 'unsustainable' spending Interest payments on the US ...

From Habsburg Spain to Trump’s America, there’s no escaping the consequences of spending more on interest payments than on ...

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

The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...

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

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.

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 ...

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

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

Without significant changes, the United States ... in a debt spiral. To pay for past debts, the federal government borrows money. The more money it borrows, the more it has to pay in interest ...