The Latest Breaking News from National Debt

The 2025 deficit needs to be reduced by $750 billion to stabilize national debt—or twice what the federal government spends to pay all civilian employees.

Trump plans to extend a 2017 tax bill that would add $4 trillion to the national debt

State financial officers unite to address trillion national debt, urging action for fiscal responsibility.

It would take nearly $8 trillion in budget cuts merely to stabilize the national debt so it does not grow faster than the economy.

They're slated to lead Trump's Department of Government Efficiency, and it's a step in the right direction given the national debt crisis.

The ex-Secretary of Defense said Trump's policies could propel the economy but might send the national debt soaring even higher.

Governments set rules that we, as citizens, must follow – laws with clear consequences for non-compliance. But they also set rules for themselves, and these can be flexible when convenient.

​The hefty national debt and trillions of dollars in tax breaks due to expire next year are likely to complicate passage of pricey new plans.

Earlier this month, U.S. credit rating agency Fitch upheld its AA- rating for French debt, but shifted the outlook from "stable" to "negative." On 25 October, Moody’s is set to deliver its assessment. If France’s budget plans falter, the country risks a credit rating downgrade, which would drive up borrowing…

The record outlay during fiscal 2024 represents an annual increase of 29 percent, with the Treasury Department saying higher rates were 'largely' to blame.

Brian Moynihan, CEO of Bank of America, said the U.S. needs to get its “eyes and stomach in line.”