The Latest Breaking News from National Debt

​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.”

In JPMorgan Chase's third-quarter earnings release, Jamie Dimon also mentioned inflation, national debt, and trade restructuring.

Analysis of Harris and Trump's plans reveals potential trillions in national debt increase.

Multiple analyses indicate Harris as more fiscally responsible than Trump, though neither candidate has spoken about budget deficit reduction.

No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris’ and Donald Trump’s economic plans

France's public debt is very much in the spotlight. The country's recently appointed prime minister, Michel Barnier, calls it a "sword of Damocles" hanging over future generations. Indeed, for many countries, paying interest on the national debt deprives them of investing in education, healthcare, research and so on. Similar debates…

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Both presidential candidates have unveiled costly proposals that would greatly add to the ballooning national debt.