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It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a ‘crushing legacy we must reverse,’ says budget chair
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a ‘crushing legacy we must reverse,’ says budget chair
By Eleanor PringleMarch 23, 2026
US President Donald Trump speaks during the Republican Members Issues Conference at Trump National Doral in Miami, Florida, on March 9, 2026.
Economy
‘This cannot be sustainable’: The U.S. borrowed $50 billion a week for the past five months, the CBO says
By Eleanor PringleMarch 10, 2026
U.S. Secretary of Treasury Scott Bessent
Economy
The Treasury may need to borrow an extra $1.6 trillion to cover the hole left by tariff ruling and pay a further $400 billion in debt interest
By Eleanor PringleMarch 6, 2026
President Donald Trump (C) oversees "Operation Epic Fury"
Economy
Trump’s action against Iran is yet another wobble for government debt, warns UBS
By Eleanor PringleMarch 2, 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
Economy
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
By Shawn TullyMarch 1, 2026
Statue in front of a building, US Treasury Department, Washington DC, USA
Economy
Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs
By Eleanor PringleFebruary 26, 2026
trump
Economy
America’s national debt borrowing binge means interest payments will rocket to $2 trillion a year by 2036, CBO says
By Eleanor PringleFebruary 11, 2026
Photo of President Donald Trump
Economy
America borrowed $43.5 billion a week in the first four months of the fiscal year, with debt interest on track to be over $1 trillion for 2026
By Eleanor PringleFebruary 10, 2026
Photo of Donald Trump
Economy
China might be beginning to back away from U.S. debt as investors get nervous about overexposure to American assets
By Eleanor PringleFebruary 9, 2026
U.S. President Donald Trump speaks to reporters and members of the media at Mar-a-Lago on February 1, 2026 in Palm Beach, Florida.
Economy
President Trump just missed a key legal deadline for his spending plans—stoking economists’ fears over the $38.5 trillion national debt
By Eleanor PringleFebruary 3, 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.
Economy
Ken 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
U.S. President Donald Trump walks on the South Lawn after landing at the White House on January 4, 2026, in Washington, D.C.
Economy
National debt is already killing the American Dream, says top economist—and it might push the U.S. into an outright depression
By Eleanor PringleJanuary 18, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase
Economy
Jamie Dimon warns $38 trillion national debt is going to ‘bite’: ‘You can’t just keep borrowing money endlessly’
By Eleanor PringleJanuary 14, 2026
U.S. President Donald Trump
Economy
Treasury spent $276 billion in interest on the national debt in the final three months of 2025, says the CBO—up $30 billion from a year prior
By Eleanor PringleJanuary 12, 2026
President Donald Trump listens as first lady Melania Trump speaks at a signing ceremony for the "Fostering the Future" executive order in the East Room of the White House on November 13, 2025 in Washington, DC.
Economy
National debt crisis will be averted by governments ‘mobilizing and encouraging’ private wealth to fill budget holes, says UBS
By Eleanor PringleNovember 29, 2025
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