Budget Deficit

FinanceThe $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
By Sunny NagpaulMay 1, 2024

FinanceU.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’ about money?
By Ryan HoggApril 26, 2024

FinanceAfter Jerome Powell warns of ‘unsustainable’ $34 trillion national debt ‘growing faster than the economy,’ CBO projects record 116% of GDP by 2034
By Fatima Hussein, Josh Boak and The Associated PressFebruary 8, 2024

FinanceLegendary investor Paul Tudor Jones says a ‘debt bomb’ is about to go off in the U.S. ‘We’re fast-pouring consumption like crazy’
By Marco Quiroz-GutierrezFebruary 7, 2024

FinanceGoldman’s strategy guru says we’ve begun a rocky ‘post-modern’ cycle in the world economy—and AI could save the day from raging conflict, higher rates, and surging deficits
By Will DanielFebruary 6, 2024

FinanceWith the deficit hitting $1.39 trillion, a ‘sobering’ 170% increase, traders are bracing for a $102 billion auction of Treasury bonds
By Liz Capo McCormick and BloombergJuly 31, 2023

PoliticsBiden slams House Speaker McCarthy’s debt plan as ‘huge cuts to important programs’ used by millions of Americans
By Lisa Mascaro, Kevin Freking, Josh Boak and The Associated PressApril 19, 2023

By Josh Boak and The Associated PressMarch 9, 2023

FinanceA Harvard professor who helped Bill Clinton balance the budget in the 1990s says Kevin McCarthy will struggle to keep that promise
By Linda J. Bilmes and The ConversationFebruary 1, 2023

FinanceLarry Summers warns of a dreaded economic ‘Doom Loop’ and says America should pay close attention to the UK’s troubles
By Christopher Anstey and BloombergOctober 21, 2022

By Matt Ott and The Associated PressNovember 10, 2021

By Martin Crutsinger and The Associated PressOctober 22, 2021

By Vivienne WaltSeptember 1, 2021

By Nicole GoodkindAugust 10, 2021
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