It's no secret that Uncle Sam has been living beyond his means. During the past 25 years, U.S. national debt as a percentage ...

The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist ...

America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

"The significant increase in hyperscaler issuance raises questions about who will be the marginal buyer of IG paper." ...

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% within the next three years. The 3% target would help to stabilize the debt ...