Us News Mounting Federal Debt Puts The U S At Risk Of A Fiscal Crisis Congressional Budget Office Warns The New York Times

US Debt Of $38 Trillion Now A 'National Security Crisis,' Warns Top Economist, Another Blames Political Polarization: 'Neither Party Is…'

Richard Haass, the president of the Council on Foreign Relations, and other economists have sounded the alarm about the U.S. national debt, stating that it poses a significant threat to the country’s ... Read More

U.S. debt tops $38 trillion for first time

(The Center Square) – The U.S. national debt reached $38 trillion amid a partial federal government that costs taxpayers $400 million daily to pay furloughed federal workers to stay home. The U.S. Read More

U.S. debt surges by $1 trillion in under three months

The United States has just added another trillion dollars to its tab in barely more than two months, pushing the national debt to levels that would have seemed unthinkable a generation ago. The pace ... Read More

Americans are facing power shutoffs and mounting debt as energy costs surge

Past-due balances are becoming a reality for many U.S. households as they struggle to keep up with costlier utility bills. Read More

Budget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’

America’s debt burden has hit $38 trillion. In fact, at the time of writing, it is $19 billion over that mark. Economists are warning that spectators won’t have to wait long until debt hits the $39 ... Read More

Shutdown is costing U.S. economy $7 billion per month, budget office says

WASHINGTON — The U.S. government shutdown is costing the economy about $7 billion per month that won’t be recovered when it reopens, according to a new report by the nonpartisan Congressional Budget ... Read More

JPMorgan reveals debt-to-GDP crisis as risk assets get washed

JPMorgan Private Bank’s 2026 outlook zeroes in on the United States’ swelling $38.15 trillion national debt and a debt-to-GDP ratio hovering around 120%, warning that the real risk is not a sudden ... Read More

Federal workers face mounting financial strain, new uncertainty as government shutdown drags on

With every passing day of the government shutdown, hundreds of thousands of federal employees furloughed or working without pay face mounting financial strain. And now they are confronting new ... Read More

America is heading towards a fiscal cliff. This isn't biblical

The national debt of the United States government is rapidly closing in on $37 trillion. Given that the nominal U.S. GDP is only $29.35 trillion, we owe significantly more than our economy produces. Read More