US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’
While the European countries have brought their spending under control, the US president’s tax cuts and defence spending will lead to increased borrowing Donald Trump...
U.S. debt tops $38 trillion for the first time, worsened by government shutdown
The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows. The country's mounting debt comes as the government remains closed,...
The rising price of paying the national debt is a risk for Trump’s promises on growth and inflation
WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold...
US National Debt Surpasses $36 Trillion, Setting New Record High
The US national debt reflects the borrowing by the government to finance its operations and obligations. Concerns about the sustainability of the debt level, its...
Gross interest payments on US debt topped $1 trillion
The Treasury Building is seen in Washington on May 4, 2021. The U.S. Treasury has announced that the nation’s gross national debt has surpassed $34...
U.S. National Debt Tops $35 Trillion for First Time
America’s gross national debt topped $35 trillion for the first time on Monday, a reminder of the nation’s grim fiscal predicament as legislative fights over taxes and...
U.S. national debt tops 34 trillion for first time
The U.S. federal government's total public debt has surpassed 34 trillion U.S. dollars for the first time, the Treasury Department reported on Tuesday. The total...
U.S. gov’t even closer to shutdown as national debt breaks 33 tln USD
The U.S. House of Representatives canceled a scheduled vote Tuesday on a temporary government funding bill, further hiking shutdown risk as the Sept. 30 deadline...