House Subcommittee on Delivering on Government Efficiency Chairwoman Marjorie Taylor Greene, R-S.C., waged "war on waste" ...
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
Total debt is at an all-time high as of the third quarter of 2024, according to the Federal Reserve. Mortgage debt makes up 70% of total household debt in the United States. Drawing on data from ...
If you feel your credit card bill is bad, you should see the amount of federal debt the United States holds. The rapidly growing deficit seems to indicate between what the government spends, ...
Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.
The Treasury reported $36.2 trillion in outstanding public debt, according to Reuters. In October of last year, the interest on the national debt topped $1 trillion for the first time during ...