Treasury Makes a Surprise Move to Bring Down Borrowing Costs
The bond market has been sending a warning signal this summer. On Wednesday, the Treasury Department responded. After a bond market selloff drove long...
US National Debt Tops $40 Trillion
The U.S. gross national debt surpassed a record $40 trillion, the Treasury Department said Wednesday. The number serves as a milestone on a path of...
30-Year Treasury Yield Touches a 19-Year High as US Debt Approaches $40 Trillion
The yield on benchmark 30-year Treasury bonds briefly hit a fresh 19-year high on Tuesday before pulling back slightly. The recent surge that lifted...
House GOP's New $95B Budget Blueprint Faces Fiscal Pushback
House Republicans on Wednesday released their blueprint for a $95 billion party-line package they hope to pass this summer to fund the military and...
‘National Debt Matters More Than It Used To,’ Two Dem Economists Say
The United States’ fiscal outlook has gotten “notably worse” than it was even a decade ago — and stabilizing the debt picture is now likely to be...
Soaring Interest Costs Spark New Warnings of Potential Debt Spiral
A trio of recent articles by center-left economists and policy wonks warn about the trajectory of the national debt, especially given the recent rise...
National Debt Tops 100% of GDP
Based on new economic data released by the Commerce Department on Thursday, the national debt topped 100% of GDP at the end of last month. The...
National Debt Reaches $39 Trillion
The national debt topped $39 trillion for the first time on Tuesday, according to figures released by the Treasury Department. The new milestone comes...
Stephen Miller Blames National Debt on Spending for ‘People Who Don’t Belong Here’
Deputy White House Chief of Staff Stephen Miller made an astonishing claim yesterday. At an Oval Office event during which President Trump signed an...
Deficit Hits $1 Trillion in Current Fiscal Year: CBO
The federal budget deficit totaled $1 trillion in the first five months of the 2026 fiscal year, according to the monthly budget review released...