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The Latest Breaking News from National Debt

Kevin O'Leary Rejects Trump's Tariff Rebate Plan, Says Taxpayers Want To See The National Debt Paid Down

President Donald Trump recently suggested that revenue from tariffs could be returned to Americans in the form of rebate checks. He floated the idea as a way to give back to "people of a certain income level," noting that the U.S. is generating "so much money" from tariffs.

Benzinga

The National Debt Is Becoming Your Local Problem

Federal overspending is squeezing states and cities, forcing them to raise taxes, slash services, or pile on more debt.

Reason

Want To Help Pay Off $37 Trillion National Debt? Government Accepts Venmo, PayPal

The U.S. national debt goes up every minute and with the passage of the One Big Beautiful Bill under President Donald Trump could rise even further in the coming years.

Benzinga

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America’s $37 Trillion Debt Now Takes Venmo: Should Investors Be Worried?

Behind the headlines, there's a national debt crisis brewing. Here's the warning for investors, and the assets that could be crucial to a well-rounded portfolio.

Barchart

The Impact of Trump’s Big, Beautiful Bill on the Middle vs Upper Class

While there are still more than three years to go, one of the most consequential acts of President Donald Trump’s second administration will likely be his signing of the One Big Beautiful Bill (OBBB) Act into law. The OBBB was quite controversial -- even among Trump’s fellow Republicans -- due…

GOBankingRates

Ray Dalio Warns Of 'Economic Heart Attack' In Absence Of Deficit Reduction, Suggests Enacting 1991-1998 Fiscal Discipline

Billionaire Ray Dalio has issued his starkest warning to date regarding the U.S. national debt, comparing the escalating crisis to an impending “economic heart attack.”

Benzinga

Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion debt will trigger an ‘economic heart attack’

The hedge fund billionaire is talking about the nearly $37 trillion national debt—again.

Fortune

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Jim Cramer Says He's Buying 'A Lot' Of Bitcoin As Protection Against Spiraling US Debt: 'Worried About My Kids'

Market commentator and popular media personality Jim Cramer advocated for Bitcoin (CRYPTO: BTC) as a hedge against the escalating U.S. national debt on Wednesday, adding that he is buying a lot himself.

Benzinga

5 Ways Portfolios Have Been Impacted In Trump's First Six Months in Office

President Trump's first six months in office have kept investors on their toes thanks to whipsaw tariff policies and a massive tax cut and spending bill.

Kiplinger

Trump news at a glance: immigration agents to ‘flood’ US sanctuary cities as marines withdraw from LA

Trump’s border tsar vows to ‘flood the zone’ with Ice officers, 700 marines redeployed and president’s megabill estimated to pile $3.4tn on to national debt. Key US politics stories from Monday 21 July

The Guardian - US

Ignore 'Sell America' call, says JPMorgan's investment strategy boss—neither tariffs nor national debt are enough to clip the wings of U.S. dominance

EXCLUSIVE: J.P. Morgan’s Jacob Manoukian tells Fortune he remains confident in the U.S. economy’s long-term dominance, dismissing “sell America” calls as shortsighted.

Fortune

Public finances on ‘unsustainable’ path due to spending promises, says OBR

Richard Hughes told a briefing in Liverpool that the projected rise in state pension spending would contributed to growing UK national debt.

Evening Standard

UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs

Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatility

The Guardian - UK

Ray Dalio Forecasts 'Big, Painful Disruptions' as US National Debt Set To Swell Over Next Decade

In the wake of President Donald Trump‘s budget bill approval, billionaire and financial advisor Ray Dalio anticipates serious economic repercussions.

Benzinga

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Fortune

What Trump's 'Big Beautiful Bill' means for tax cuts, Medicaid, national debt, and more

Core elements of the bill, and the winners and losers.

Al Jazeera

US Senate passes Trump’s ‘One Big Beautiful Bill’, sending it to the House

Trump has set a July 4 deadline for bill, which extends tax cuts, slashes social safety nets and surges national debt.

The Independent UK

Senate megabill would explode debt and kick 11.8 million off Medicaid: ‘Our fiscal house is basically on fire’

Over a decade, the bill would add at least $3.3 trillion to the national debt, according to the Congressional Budget Office

Fortune

Goldman Sachs says Trump’s spending plan won’t stop the national debt from hitting ‘unsustainable’ highs not seen since World War II

If borrowing costs remain high, future lawmakers could be left in a tough spot.

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news in one place.

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Fortune

Government borrowing binge could crowd out mortgages and investment

U.S. Treasuries accounted for $28.3 trillion, or roughly 60%, of the country’s $46.9 trillion fixed-income market last year.

The Guardian - US

Trump bill set to add trillions to US debt pile – can America stop it climbing?

Economists are concerned, politicians are angry – but the national debt keeps growing, no matter who’s in charge

Fortune

Elon Musk is on a national debt crusade after slamming Trump's spending bill

Jamie Dimon, Warren Buffett, Ray Dalio, Jerome Powell—and now Elon Musk, are all sounding the alarm on America's national debt.

Al Jazeera

Elon Musk slams Trump’s signature budget bill as a ‘disgusting abomination’

Donald Trump’s budget bill faces Republican discord in Senate, where some lawmakers reject increase to US national debt.

Reason

David Stockman: Trump Is a 'Faker' on the Debt

Reagan's budget chief warns that the One Big Beautiful Bill Act could balloon the national debt to $60 trillion, risking a catastrophic bond market crisis.

Fortune

Trump is going to get 'punched in the face' by markets if he pushes through spending bill without a plan for national debt and tariffs, says Wharton professor

Republicans argue that growth is the best way to rebalance America’s books, but economists fear that tax cuts may be the final nail in the coffin for national debt.

The Conversation

What is modern monetary theory? An economist explains how it could help Canada

Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits. Government deficit is when the government spends more money than it collects in taxes and other revenues.

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