On the 249th anniversary of independence, the story of America’s national debt reveals a legacy of wars, tax cuts, and political choices that future generations may be forced to repay.

Under current debt projections, economists cannot even model out a functioning long-term economy.

As it begins its 249th year in business as a country, the United States owes more than $30 trillion in debt and spends nearly $2 trillion more per year than it collects. Those numbers won’t be decreasing if the One Big Beautiful Bill Act becomes law.

The massiveness of the federal debt has dampened development of the private riskless securities market, but the cavalry via the blockchain is coming.

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and spending package on July 3 aimed at realizing President Donald Trump’s domestic agenda.

Medical debt is a growing problem for Rhode Islanders. Relief may come from new laws and a debt forgiveness program.

and receive a Canada Proud Manitoba Strong mug and sticker FREE! Enjoy unlimited reading ... The rise of the federal debt over the past two decades has prompted countless warnings that the United States is approaching a fiscal reckoning, a day when the ...

According to a new report from WalletHub, southern states made up the top places where Americans are most behind on their debt. Why It Matters U.S. households carry $18.203 trillion in debt as of ...

We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by Laubach (2009) and resort to long-term projections of interest rates and fiscal variables.