The federal debt limit is not the same as funding the government. If the U.S. defaults on its debt, the ramifications are ...

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Elon Musk's Department of Government Efficiency wants to cut government spending, but it's also prompting lawsuits and ...

More than 5 million Americans have benefited under Biden's presidency due to his student loan forgiveness policies.

Compare that with the same period last year under Joe Biden: federal spending back then came to about $26bn a day. Outflows ...

According to the portal, the DOGE Clock accurately reflects real-time savings objectives, with the counter currently exceeding $10 billion. In response to a post on X highlighting the debut of the ...

U.S. government debt aggressively rallied on Thursday after details of January’s producer-price index offered some hope for easing price pressures in the Federal Reserve’s preferred inflation measure, ...

I do not think it means what you think it means” For decades, journalists, economists, politicians and central bankers have said that the U.S. federal debt is on an “unsustainable” path.