There are programs for certain types of debt, like mortgages and federal student loans.

The federal government is drowning itself in red ink, caused by its spending far more than the revenues it collects. Economists agree that the debt explosion raises Americans’ borrowing costs, ...

The federal government just closed fiscal year 2026 with a deficit of nearly $2 trillion, according to figures the ...

It's easy to forget that less than a generation ago, the US government's fiscal trajectory was excellent.  In 2001, the federal government had been running an annual surplus for four years and the ...

The federal government already spends more on debt interest than on Medicaid, national defense, or all non-defense discretionary programs combined. Now, with the 30-year Treasury yield surging past ...

The federal government just logged a debt-service bill so large it dwarfs the entire budgets of most countries, yet the bond ...

The federal government’s debt burden and interest on the debt are near record levels and headed higher, raising legitimate concerns about an eventual debt crisis. Given the increasingly dysfunctional ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Debt and deficits are not inherently destructive; they fund spending that becomes income for households and businesses, supporting economic activity. The federal government ran a deficit of roughly $1 ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Yes, the nation’s debt surpassed $40 trillion in August – yes, trillion, with a “T” – but beware the panicky prophets of “doom loops” and “death spirals”. The anxiety is understandable, of course.

The Congressional Budget Office’s new 10-year fiscal forecast includes plenty of headlines: The nearly $2 trillion federal budget deficit will grow to more than $3 trillion in a decade. The national ...