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‘Cut up the credit cards:’ Congress is getting brutal about ‘embarrassing’ $31 trillion national debt
Economy
‘Cut up the credit cards:’ Congress is getting brutal about ‘embarrassing’ $31 trillion national debt
By Eleanor PringleMay 1, 2026
Janet Yellen warns the $38 trillion national debt is testing a red line economists have feared for decades
Personal Finance
Janet Yellen warns the $38 trillion national debt is testing a red line economists have feared for decades
By Eva RoytburgJanuary 5, 2026
President Trump
Economy
America’s $38 trillion national debt ‘exacerbates generational imbalances’ with Gen Z and millennials paying the price, warns think tank
By Eleanor PringleDecember 16, 2025
U.S. President Donald Trump delivers remarks during a meeting with Finland President Alexander Stubb in the Oval Office at the the White House White House on October 09, 2025 in Washington, DC
Economy
America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky
By Eleanor PringleOctober 14, 2025
US President Donald Trump during a news conference with Benjamin Netanyahu, Israel's prime minister, not pictured, in the State Dining Room of the White House in Washington, DC, US, on Monday, Sept. 29, 2025.
Economy
Wall Street will be ruled by ‘rumor and pseudo-drama’ if government shutdown goes ahead, warns UBS
By Eleanor PringleSeptember 30, 2025
US President Donald Trump in the Oval Office of the White House in Washington, DC, US, on Wednesday, Aug. 6, 2025.
Economy
In Trump’s year of cost-cutting and efficiency, national debt soars past $37 trillion
By Eleanor PringleAugust 13, 2025
donald trump and elon musk in the oval office
Politics
Elon Musk says Trump’s ‘Big Beautiful Bill’ could spell disaster for America. Here are its biggest pain points, according to critics
By Lily Mae LazarusJuly 1, 2025
Bessent says U.S. will never default as Congress faces deadline
Finance
Bessent says U.S. will never default as Congress faces deadline
By Tony Czuczka and BloombergJune 1, 2025
U.S. President Donald Trump
Finance
Trump will get ‘punched in the face’ by markets if his spending bill passes without a plan for national debt and tariffs, says Wharton professor
By Eleanor PringleMay 27, 2025
House Ways and Means Committee member Rep. Mike Kelly (R-PA) covers his face with his hands as Rep. Adrian Smith (R-NE) sits next to him at a markup hearing in the Longworth House Building on Capitol Hill on May 13, 2025 in Washington, DC.
Finance
The first U.S. credit downgrade triggered a ‘flight to quality.’ Will the latest cut from Moody’s do the same? 
By Greg McKennaMay 20, 2025
Scott Bessent in front of a black background
Finance
America could run out of cash to pay its bills as early as this summer
By Fatima Hussein, Kevin Freking and The Associated PressMarch 26, 2025
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
Finance
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
By Jason MaMarch 24, 2025
Treasury Department to take ‘extraordinary measures’ after hitting $36 trillion debt limit as soon as mid-January
Finance
Treasury Department to take ‘extraordinary measures’ after hitting $36 trillion debt limit as soon as mid-January
By The Associated PressDecember 28, 2024
Mike Johnson, standing behind a podium, speaks to members of the press
Politics
Despite missing deadline, Congress avoids government shutdown by passing spending bill without Trump’s debt ceiling raise
By Sasha RogelbergDecember 21, 2024
Donald Trump shrugs and gestures as he speaks into a microphone behind a "Trump Vance" podium.
Politics
Trump admits he would prefer to eliminate the debt ceiling under Biden so he can avoid taking the heat for more government borrowing
By Sasha RogelbergDecember 20, 2024
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