The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to ...

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.

President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...

The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...

Note that the unofficial national debt clock puts its value at over $36 trillion, around $5 trillion more than the suspended debt limit. Given that the federal government continues to spend more ...

Meanwhile, according to the real-time U.S. Debt Clock, the national debt has exceeded $36.2 trillion as of Tuesday. Of course, as IRS Commissioner, Long would have no direct influence over federal ...

The clock is now racing toward the midnight deadline ... debate off the table before he returns to the White House. The federal debt limit expires Jan. 1, and Trump doesn’t want the first ...

Copyright 2024 Tom Purcell, distributed exclusively by Cagle Cartoons newspaper syndicate.

Sen. Raphael Warnock is amplifying his calls for a federal watchdog agency to ban medical debt from people’s credit reports, as the clock ticks down on a new presidential administration.

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...