The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

Even more worrisome is that the spike in interest rates over the past year and a half has made the cost of servicing the ...

President Donald Trump spoke to reporters aboard Air Force One on Sunday and commented that the U.S. debt may be smaller than ...

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

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

In a recent discussion, Elon Musk highlighted a critical fiscal issue: the United States' interest payments on its national debt have now surpassed the entire Defense Department budget. He emphasized ...

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

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

A top Republican budget hawk called growing federal interest costs "a ticking time bomb that must be defused." ...

The national debt held by the public has leaped from 40 percent of the economy in 2008 to 100 percent today—on its way towards 250 percent of gross domestic product (GDP) within three decades. At that ...

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...