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 ...
House Subcommittee on Delivering on Government Efficiency Chairwoman Marjorie Taylor Greene, R-S.C., waged "war on waste" ...
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 ...
Donald Trump’s attempt to align foreign aid with his America First policy is too blunt and will have deadly consequences.
The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five years, according to a Federal Reserve Bank of New York report.
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 ...
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