News

The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the ...
The federal debt in America is rising, and financial analysts are warning that it could have a substantial impact on everyday Americans. The U.S. national debt stands at 36.9 trillion today. While ...
In fiscal year 2024, interest costs incurred through servicing the national debt jumped by $239 billion, or 34%, to a total of $949 billion. That amount is larger than both the Department of ...
This IMF study finds that rising U.S. debt and deficits significantly increase long-term interest rates, with the relationship strengthening in recent years. Using long-term projections and expanded ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?
Ideas for how to squeeze the country’s interest bill, ideally without cutting spending or raising taxes, are thus at a ...
CBO sees $2.4 trillion debt impact in House-passed bill Costs could rise to $5 trillion including interest if made permanent, CFRB says Elon Musk criticizes bill, supports Republican deficit hawks ...