Publicly held federal debt has officially eclipsed the size of the entire American economy, crossing the 100% gross domestic ...

Federal debt just crossed a threshold not seen since soldiers were coming home from World War II, and the math shows spending ...

The United States is rapidly accelerating toward a definitive tipping point in its financial history, the Committee for a Responsible Federal Budget (CRFB) wrote in response to the latest 10-year ...

America’s debt burden has hit $38 trillion. In fact, at the time of writing, it is $19 billion over that mark. Economists are warning that spectators won’t have to wait long until debt hits the $39 ...

Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...

Journal Editorial Report: The week’s best and worst from Kyle Peterson, Allysia Finley and Kim Strassel. If Republicans are serious about reducing federal deficit spending, it is important to consider ...

Speaker Mike Johnson (R-Louisiana) makes his way to the House chamber on Capitol Hill on Thursday. (Demetrius Freeman/The Washington Post) The odds of a federal debt crisis just got more daunting. On ...

The Congressional Budget Office projects the federal deficit will grow from $1.8 trillion in 2025 to $3.1 trillion by 2036. Federal spending is currently well above its 50-year average, while revenue ...