National Debt

Federal Debt Increased $2.45 Trillion Since Thanksgiving 2022 — $7,304 For Every Person In US

The debt of the federal government has increased $2,452,444,126,108.25 since last Thanksgiving, according to data published by the U.S. Treasury.…

5 months ago

The US Could Have Trouble Attracting Lenders To Foot The Bill For Its Massive Debt Deluge, Experts Say

The U.S. Treasury Department is auctioning off more Treasury bonds this week to fund the country’s growing national debt, increasing…

6 months ago

The US National Debt Just Hit A Grim New Milestone

The U.S. national debt reached $33 trillion for the first time on Monday, according to data published by the Treasury…

7 months ago

Federal Debt Up $5 Trillion Under Biden

The federal debt has now increased more than $5 trillion during President Joe Biden’s administration, according to data released by…

8 months ago

National Contest Challenges Youngsters on the National Debt

A nationwide essay contest is being launched hoping to inform young people on the alarming growth of our national debt.…

2 years ago

Democrats Announce Sweeping $3.5 Trillion ‘Nuclear Option’ Spending Bill

Senate Majority Leader Chuck Schumer and Vermont Sen. Bernie Sanders, the chair of the Senate Budget Committee, announced a $3.5…

3 years ago

The US Government’s Debt-to-GDP Ratio Is Worse Than Greece’s Before the 2008 Crash (And It’s About to Get Worse)

President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending. The just-released…

3 years ago

Economists Warn We Can’t Keep Ignoring the National Debt Forever

With COVID-19 ravaging the country and government pandemic lockdowns devastating our economy, the national debt has understandably slipped to the…

3 years ago

America’s Federal Budget On ‘Unsustainable Path,’ Warns Fed Chair Jerome Powell

Federal Reserve Chair Jerome Powell warned Wednesday that the federal budget is on “an unsustainable path” due to rising levels…

4 years ago

Once Outspoken Fiscal Hawks, Republicans Quietly Watch As National Debt Hits $23 Trillion

Republicans who once criticized former President Barack Obama’s handling of U.S. debt quietly watched as the federal government debt hit…

4 years ago

Congress Wants Thousands More Acres Under Federal Control, but US Can’t Afford It

A lengthy public lands package sitting in Congress adds hundreds of thousands of acres of federally protected wilderness without securing…

5 years ago

This Debt Kicks Can – Ben Garrison Cartoon

The national debt is now over $22 trillion and continues to skyrocket. Meanwhile, a bipartisan Congress passed another bloated budget…

5 years ago

One Nation Under Debt

By Jeff Szymanski, AMAC Yoga classes for bureaucrats. Brown snake eradication program. Congressional pensions. Pacific Coastal Salmon Recovery Fund. Those are actual lines in…

5 years ago

Congressional Effort To Rein In Deficit Ends in Failure – Again

By Dustin Siggins Congress’s most recent failure to act on budget process reforms will likely result in a huge increase…

5 years ago

Consumers and the Federal Government continue spending on credit

Consumers and the Federal Government continue to increase debt due to spending according to a new report out Wednesday. Revolving…

6 years ago