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US President Donald Trump, right, followed by Scott Bessent, US treasury secretary, exit the South Portico of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025.
Economy
Trump plans to grow his way out of $40 trillion debt crisis—it’s a ‘fantastic story’ but virtually impossible, says top budget economist
By Eleanor PringleAugust 25, 2026
how much
Economy
Here’s how much the $40 trillion national debt is costing you — whether you have student loans, a mortgage or Social Security
By Nick LichtenbergAugust 24, 2026
scott
Commentary
Scott Bessent and the bond market: a pointless intervention
By Steve H. Hanke and John GreenwoodAugust 24, 2026
sb
Economy
Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
By Nick LichtenbergAugust 20, 2026
The U.S. cabinet faces some tough budgetary decisions.
Economy
As U.S. debt hits $40 trillion, Americans will foot the bill: $700 a month for retirees, and homebuyers could take a $53,000 hit, report finds
By Eleanor PringleAugust 20, 2026
t
Economy
National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic
By Eleanor PringleAugust 19, 2026
A sign on a bus stop displays the national debt on June 12, 2026, in Washington, D.C.
Personal Finance
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
By Joshua HongAugust 18, 2026
t
Commentary
It is time to remake the federal government with a new fiscal constitution
By Steve H. Hanke and David M. WalkerAugust 11, 2026
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender
By Eleanor PringleAugust 11, 2026
Trump’s $200 billion tariff hit swells budget deficit to $2.1 trillion for 2026, CBO confirms
Economy
Trump’s $200 billion tariff hit swells budget deficit to $2.1 trillion for 2026, CBO confirms
By Nick LichtenbergAugust 10, 2026
Portrait of Knut Wicksell (1851-1926) Swedish economist. Dated 20th Century. (Photo by Universal History Archive/Universal Images Group via Getty Images)
Economy
A forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debt
By Eleanor PringleAugust 4, 2026
Photo of Greg Fleming
C-Suite
‘A fantastic amount of money to have borrowed’: a top Wall Street wealth advisor is stunned by the national debt
By Nick LichtenbergAugust 3, 2026
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
Economy
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
By Marco Quiroz-GutierrezJuly 29, 2026
U.S. President Donald Trump takes questions from the media during a bilateral meeting with President of Lebanon Joseph Aoun in the Oval Office of the White House on July 21, 2026 in Washington, DC.
Economy
Trump’s new $950 billion tariff scheme still leaves a 40% shortfall in his plan to rebalance the $39 trillion national debt, CRFB says
By Eleanor PringleJuly 24, 2026
im Tran with her Grandaughter, two weeks old Alessandra on 28th October, 2005.
Economy
‘The demographic dividend of the last 40 years is ending’: J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
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Economy
Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listenplaceholder alt text
By Marco Quiroz-GutierrezSeptember 10, 2026
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C-Suite
Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundationplaceholder alt text
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