Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.

which the House Budget Committee chalked up to "unsustainable federal and executive spending." Commuters wait at a bus stop in front of a National Debt Clock displaying the United States gross ...

The U.S. government has nearly $36 trillion of debt on issue and its bonds are the bedrock of the global financial system.

"This is not the future any of us want, and it’s no way to run a great nation like ours." LARGE DEFICITS, HIGH INTEREST RATES MAKING FEDERAL DEBT LESS SUSTAINABLE The unrelenting increase is ...

The cap at the time was $31.4 trillion. In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled ...

The Congressional Budget Office's base-case forecast sees the U.S. federal debt reaching 116% of GDP ... among economists at the U.S. Federal Reserve and elsewhere who peg the nation's potential ...

Yields on U.S. government debt finished with their second consecutive weekly advances on Friday, as traders positioned for the likelihood of fewer 2025 rate cuts from the Federal Reserve than they ...

NEW YORK, UNITED STATES - JANUARY 19: A screen shows the national debt clock after the US hit its ... stern words from the Chair of the Federal Reserve. A formal default may not just ...

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank ... consumers. U.S. credit card debt ...