Trump tariffs would shrink the federal deficit, but also the economy, CBO says
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years ...
The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
The U.S. Can’t Grow Its Way Out of Debt. Here’s What It Can Do.
It’s been over a decade since the total U.S. debt surpassed the country’s total economic output. But with the national debt ...
The U.S. Economy In 2025: Reasons For Optimism
What to expect for the U.S. economy in 2025, a comparison with countries that are major trading partners with the United ...
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...
The Jakarta Post7d
US to hit new debt limit as soon as Jan 14: Yellen
Lawmakers have suspended the debt ceiling, a limit on government borrowing to pay for bills already incurred, until Jan. 1 ...
US credit card defaults soar to highest level in 14 years
Defaults on credit card loans soared 50% in 2024 to the highest since 2010 according to a new report, causing experts to warn the "debt bubble is popping." ...
Opinion
Busting the myth of former President Jimmy Carter and poor handling of economy | Opinion
President Jimmy Carter kept the national debt down, saw solid job creation, handled inflation and placed the U.S. on a course to energy efficiency.