The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...
I recently went to the doctor about a minor health issue. “Is what I’m experiencing normal?” I asked her. “No, it’s never ...
Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military spending are driving yields higher.
Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...
The Committee for a Responsible Federal Budget warns that war spending could tip into a fiscal crisis — and it's calling for ...
Our national debt is a spending problem, not a revenue problem. Tax hikes alone can’t solve the problem—and they might even make it worse, Adam Michel writes in a guest commentary.
The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...
Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...
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