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debt crisis

Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix
Economy
Here’s where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can’t fix
By Jason MaJune 6, 2026
U.S. President Donald Trump arrives for a 'Rose Garden Club' dinner for National Police Week in the Rose Garden at the White House on May 11, 2026 in Washington, DC.
Economy
U.S. national debt officially hits $39 trillion—adding approximately $5 billion a day since October
By Eleanor PringleMay 20, 2026
Piles of U.S. one-dollar bills split into sections of various height
Economy
The debt crisis Congress has been ignoring could cost the average U.S. household $18,000 a year, according to a Brookings analysis
By Shawn TullyApril 30, 2026
Photo of Phillip Swagel
Economy
The director of the Congressional Budget Office—known for its gloomy national debt data—is very optimistic that a crisis will be avoided entirely
By Eleanor PringleApril 20, 2026
Trump’s 2027 budget gambles on rosy assumptions—and if they don’t pan out, America edges closer to a fiscal crisis driven by runaway interest costs
Economy
Trump’s 2027 budget gambles on rosy assumptions—and if they don’t pan out, America edges closer to a fiscal crisis driven by runaway interest costs
By Shawn TullyApril 9, 2026
Maya MacGuineas, center, Committee for Responsible Federal Budget.
Economy
‘There is no silver lining in this trajectory’: Budget watchdog warns of financial, inflation, or currency crisis due to $39 trillion U.S. debt
By Eleanor PringleMarch 27, 2026
Ray Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
Economy
Ray Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
By Shawn TullyMarch 1, 2026
Photo of Donald Trump
Economy
Trump’s own Big Beautiful Bill could add $5.5 trillion to the deficit and help sabotage his plan to ‘grow out’ of the national debt crisis
By Shawn TullyJanuary 26, 2026
Ken Griffin, chief executive officer of Citadel Advisors LLC, at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 21, 2026.
Economy
Ken Griffin says America was sent an ‘explicit warning’ from the bond market, and it’s time to get the national debt in order
By Eleanor PringleJanuary 22, 2026
Artistic illustration of a huge wave made up of dollar bills engulfing the Capitol building
Economy
America’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase
Economy
Jamie Dimon warns $38 trillion national debt is going to ‘bite’: ‘You can’t just keep borrowing money endlessly’
By Eleanor PringleJanuary 14, 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
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
Economy
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
President Donald Trump attends a cabinet meeting at the White House in Washington, DC on December 2, 2025.
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
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