Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s. As the tab rose from about 30% of GDP towards 100% in the 21st century, the Treasury ...

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

The U.S. Constitution gives Congress authority over spending matters, and Democrats argue that Trump does not have the ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

Defense Secretary Pete Hegseth said he plans to welcome President Donald Trump's Department of Government Efficiency to the ...

Titan International chair Morry Taylor shares the clearest, most simplistic explanation of the national debt for a generation ...

The forceful Realpolitik application of U.S. trade policies and tariff threats is intended to support U.S. national security ...

Musk believes some $1 billion per week is being spent on fraudulent Treasury payments, prompting Trump to ask if this could ...

The U.S. government has nearly $36 trillion of debt on issue and its bonds are the bedrock of the global financial system.

In contrast, mass deportations of undocumented immigrants would tank the U.S. economy. If President Donald Trump can limit himself to booting criminals and those under existing deportation orders, and ...

U.S. government bonds, or Treasuries, are the primary way the federal government borrows money and one of the world’s most ...