U.S. debt

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Speaker of the House Mike Johnson,
Politics

As U.S. debt soars past $34 trillion, Congress has killed off its plan to tackle the crisis

By Kevin Freking and The Associated Press
May 11, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance

The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it

By
May 1, 2024
Ken Griffin, chief executive officer and founder of Citadel Advisors LLC
Finance

Ken Griffin says the U.S. is being ‘irresponsible’ with national debt, and politicians are spending ‘at the expense of future generations’

By
April 2, 2024
US Federal Reserve Chairman Jerome Powell
Finance

America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the bill is higher than believed, hitting $141T by 2054

By
April 1, 2024
BlackRock CEO Larry Fink
Finance

Larry Fink joins Jamie Dimon and Jerome Powell in sounding the alarm on ‘snowballing’ national debt: ‘The situation is more urgent than I can ever remember’

By
March 27, 2024
Federal Reserve chairman Jerome 'Jay' Powell
Success

Jerome Powell says remote work ‘looks like it’ll be a persistent thing’

By
February 5, 2024
Jodey Arrington
Politics

‘We’re all in this boat together. The boat is sinking’: House GOP moves to tackle $34 trillion national debt with bipartisan commission

By Kevin Freking and The Associated Press
January 19, 2024
Did Fitch ditch its credibility by playing politics? Here’s why rating agencies have a knack for getting it wrong
Commentary

Did Fitch ditch its credibility by playing politics? Here’s why rating agencies have a knack for getting it wrong

By Jeffrey Sonnenfeld and Steven Tian
August 3, 2023
Everything you need to know about Fitch’s downgrade of U.S. debt
Finance

Everything you need to know about Fitch’s downgrade of U.S. debt

By Christopher Rugaber and The Associated Press
August 3, 2023
Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’
Finance

Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’

By
August 2, 2023
Republican House Speaker McCarthy wants a new commission to tackle U.S. debt, but Democrats worry it’s a plan to pursue ‘ideological trophies’
Politics

Republican House Speaker McCarthy wants a new commission to tackle U.S. debt, but Democrats worry it’s a plan to pursue ‘ideological trophies’

By Kevin Freking and The Associated Press
June 9, 2023
Ex–Obama adviser blasts Biden’s ‘reckless’ student loan forgiveness as ‘pouring roughly half trillion dollars of gasoline on the inflationary fire’
Personal Finance

Ex–Obama adviser blasts Biden’s ‘reckless’ student loan forgiveness as ‘pouring roughly half trillion dollars of gasoline on the inflationary fire’

By
August 25, 2022
Mitch McConnell expected to offer short-term deal to raise debt ceiling
Finance

Mitch McConnell expected to offer short-term deal to raise debt ceiling

By Erik Wasson and Bloomberg
October 6, 2021
Defying pessimism over debt ceiling deadline, Moody’s says U.S. credit rating is ‘stable’
Finance

Defying pessimism over debt ceiling deadline, Moody’s says U.S. credit rating is ‘stable’

By
October 5, 2021
America’s $20 trillion debt is getting cheaper as it grows
Finance

America’s $20 trillion debt is getting cheaper as it grows

By Liz Capo McCormick, Alex Tanzi and Bloomberg
September 12, 2020

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