The nonpartisan Congressional Budget Office released its 10-year budget outlook on Friday that showed a slightly brighter picture as higher taxable incomes will relieve some pressure on the rising ...

This begs the question: how much of the U.S. national debt is each president responsible for, and which presidents increased the debt the most? Over the past 60 years, nearly every U.S. president ...

Stemming from frustration with government spending and with Republican leadership, this group of far-right conservatives has ...

the national debt was 100% of GDP. The U.S. Congressional Budget Office released new projections earlier this month, estimating that federal deficits will hit $22 trillion over the next 10 years ...

The three-month fiscal year 2025 deficit rose to $710.9 billion ... to send deficits spiraling and have pushed the national debt past the $36 trillion mark. The federal budget sank further ...

The debt ceiling, which caps how much money the Treasury can owe to pay the country’s bills, was reestablished earlier this month after being suspended for the past year and half. The national ...

The national debt has fallen to its lowest level in 70 years when measured against GDP ... would have to spend almost €15 billion more than it received in income in the last quarter,” the CBS noted.