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

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

Rep. Marjorie Taylor Greene offered this opening statement as she chaired the first hearing of the House DOGE Committee: REP.

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

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

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

Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

In a recent discussion, Elon Musk highlighted a critical fiscal issue: the United States' interest payments on its national ...

Not all debt is bad, but knowing the difference between good debt and bad debt and how to use them can help you get ahead ...

A newly introduced bipartisan bill in Congress would require the U.S. Congressional Budget Office to include the cost of interest payments when calculating the cost of ...

CBO also projected that the cost of interest payments alone on the national debt will rise to 4.1% of GDP by 2035, well beyond the current record. The CBO has projected that the federal deficit will ...

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