Despite the challenges, the Trump administration has pointed to its efforts to reduce the national debt. Treasury Secretary Scott Bessent noted on X that the government’s yearly deficit ...
The U.S. national debt has reached a staggering $38 trillion, marking a critical juncture in the nation’s fiscal policy. This figure translates to approximately $111,600 owed per American, ...
The US national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New data ...
Kent Smetters, who runs the Penn Wharton Budget Model, has a forecast for when the economy's breaking point could arrive ...
Investors are turning to safe-haven assets, such as Bitcoin and gold, as the US national debt is nearing a record-breaking $38 trillion. America’s national debt, currently $37.9 trillion, has risen by ...
American debt hit a record high of $38 trillion earlier this week. Here's a look at how quickly the debt is growing and how much every American would owe today. A government shutdown isn't the only ...
The U.S. government’s gross national debt surpassed $38 trillion on Wednesday—just two months after it reached $37 trillion—which comes as the government continues to navigate the federal shutdown.
As the federal government shutdown drags on, the U.S. national debt has reached a historic milestone — surpassing $38 trillion for the first time, according to new data released Wednesday by the ...