The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

About $32.1 trillion of the debt is held by the public, while roughly $7.7 trillion represents intragovernmental holdings.

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by ...

The United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $432 billion in July, according to the latest ...

The U.S. government is spending well beyond its means at a breathtaking pace. Members of Congress say they care, but neither party is making deficit reduction a priority.

With the national debt accelerating past $39 trillion, the Trump administration is quietly crafting a capital gains overhaul that its architects call a fairness fix, but the math behind who actually ...

The U.S. has already surpassed its 2025 budget deficit with about a month and a half left to go in its fiscal year. According ...

The agency delivered only a fraction of its promised savings, and is being blamed as the country's budgetary issues grow.

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, ...

The federal government is taking on record amounts of debt year after year. The U.S. owes lenders more than $36 trillion. That is close to an all-time high when comparing the debt to the country’s ...

The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year.

The Republican-led House of Representatives has passed its “One, Big, Beautiful Bill,” but before you dig into the more than 1,000-word tomb, it’s probably better to wait until the Senate puts its ...