Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.

Let’s hope that Elon Musk is, indeed, a latter-day Grant, doggedly pursuing the spending that strangles our country, ...

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

The US debt crisis will become one of the biggest issues of our time, affecting not only those in the US but everyone around ...

In the US, however, we have added a bizarre and hazardous extra step to this process: If Congress’s laws require the Treasury ...

Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.

The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...

The economic crisis is forcing a huge number of Americans to turn to grocery stores for help to support their families. The ...

Offering substantive solutions to student loan debt could help Republicans bridge the electoral gap with college-educated ...

Rising deficits and interest costs impede economic growth and undermine global trust in the dollar.