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Trump’s 2027 budget gambles on rosy assumptions—and if they don’t pan out, America edges closer to a fiscal crisis driven by runaway interest costs
EconomyTrump’s 2027 budget gambles on rosy assumptions—and if they don’t pan out, America edges closer to a fiscal crisis driven by runaway interest costs
By Shawn TullyApril 9, 2026
Maya MacGuineas, center, Committee for Responsible Federal Budget.
Economy‘There is no silver lining in this trajectory’: Budget watchdog warns of financial, inflation, or currency crisis due to $39 trillion U.S. debt
By Eleanor PringleMarch 27, 2026
Ray Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
EconomyRay Dalio, Scott Bessent and House members from both sides of the aisle are rallying around a ‘3% solution’ to tame the out of control national debt
By Shawn TullyMarch 1, 2026
Photo of Donald Trump
EconomyTrump’s own Big Beautiful Bill could add $5.5 trillion to the deficit and help sabotage his plan to ‘grow out’ of the national debt crisis
By Shawn TullyJanuary 26, 2026
Ken Griffin, chief executive officer of Citadel Advisors LLC, at Bloomberg House during the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 21, 2026.
EconomyKen Griffin says America was sent an ‘explicit warning’ from the bond market, and it’s time to get the national debt in order
By Eleanor PringleJanuary 22, 2026
Artistic illustration of a huge wave made up of dollar bills engulfing the Capitol building
EconomyAmerica’s $38 trillion national debt is so big the nearly $1 trillion interest payment will be larger than Medicare soon
By Shawn TullyJanuary 15, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase
EconomyJamie Dimon warns $38 trillion national debt is going to ‘bite’: ‘You can’t just keep borrowing money endlessly’
By Eleanor PringleJanuary 14, 2026
Janet Yellen warns the $38 trillion national debt is testing a red line economists have feared for decades
Personal FinanceJanet Yellen warns the $38 trillion national debt is testing a red line economists have feared for decades
By Eva RoytburgJanuary 5, 2026
President Trump
EconomyAmerica’s $38 trillion national debt ‘exacerbates generational imbalances’ with Gen Z and millennials paying the price, warns think tank
By Eleanor PringleDecember 16, 2025
The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
EconomyThe most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says
By Jason MaDecember 6, 2025
President Donald Trump attends a cabinet meeting at the White House in Washington, DC on December 2, 2025.
EconomyTwo months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
Barry Eichengreen
Personal FinanceYour political polarization is the reason for our $38 trillion national debt, top economist says: ‘it’s deeply debilitating’ for ‘consensus and stability and productive policy results’
By Eva RoytburgNovember 13, 2025
U.S. President Donald Trump speaks to members of the press as he departs the White House for Joint Base Andrews on October 24, 2025 in Washington, DC.
North AmericaThe U.S. is joining Europe’s debt club—Trump’s ‘Big Beautiful Bill’ could fuel $38 trillion tab, bigger than Italy or Greece by GDP share
By Eva RoytburgOctober 28, 2025
Ray Dalio, Founder, Bridgewater Associates
EconomyRay Dalio says the U.S. is headed for civil war, with either side exerting ‘tests of power’ on their rivals
By Eleanor PringleOctober 10, 2025
Ray Dalio speaks onstage during the 2025 TIME100 Summit at Jazz at Lincoln Center on April 23, 2025 in New York City.
EconomyRay Dalio says the world is running out of interest in buying U.S. debt—but America is unable to cut back its spending
By Eleanor PringleSeptember 19, 2025
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