US National Debt

A new report outlines how President Joe Biden added $4.3 trillion to the national debt with seven months left in his term while his opponent, Ex-President Donald Trump, added $8.4 trillion to the U.S. national debt during his time in office. The Data: The non-partisan Committee for a Responsible...

The Treasury’s monthly budget statement released on Monday underscored the daunting burden of interest servicing the U.S. is grappling with, prompting a reaction from Tesla CEO Elon Musk on social media. What Happened: The interest on the debt for the fiscal year-to-...

Steve Eisman, the star investor portrayed by Steve Carell in “The Big Short,” slapped down talk of the dollar losing reserve currency status.  What happened: In a CNBC interview, Eisman dismissed the idea of the growing U.S. sovereign debt being a problem for the dollar: ...

The national debt keeps rising to a point where the number doesn’t even sound real. Where is the U.S. government going to get $33 trillion anyway?  Well, it turns out that stabilizing the U.S. national debt might require each American to contribute about $2,400 per year...

The Congressional Budget Office on Tuesday said that the budget deficit and the public debt in the United States would continue to rise progressively over the next decade to hit the worst levels since the World War II if the existing and spending remains the same. Deficit, Debt To...

President Trump touted: STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K'S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong? — Donald J. Trump (@realDonaldTrump) January 9, 2020 It seems every day we see the market making new highs. The president continues to tout job...