The federal government added roughly $1.8 trillion to the now $38 trillion national debt in fiscal year 2025. While net interest on the debt totaled $970 billion, according to the Congressional Budget ...

Millions of Americans face paycheck cuts starting January 7, 2026, as the federal government restarts student loan wage garnishments. Up to 15% of after-tax income can be withheld for defaulted loans.

With the controversial Epstein vote in the rearview mirror, it is time for Congress to focus on the debt crisis — to avoid ...

Welcome to "the new norm": interest payments over $1 trillion every year from here on out, to service the large and growing ...

Ky., unveiled $1.6 trillion waste report as federal debt reaches $40 trillion, highlighting bizarre spending on animal ...

The Congressional Budget Office (CBO) on Wednesday released data showing the federal government ran a $1.8 trillion budget deficit in fiscal year 2025 amid mounting interest costs on the nearly $38 ...

Discover key arguments for and against a balanced federal budget, exploring potential impacts on national debt, taxpayers, and future economic stability.

In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ...

Discover how sovereign debt allows governments to fund projects, boost economies, and the risks involved. Explore features, credit ratings, and growth impact.