National Debt Tracker: American taxpayers (you) are now on the hook for $34,866,040,431,327.31 as of 7/3/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Presidential debate: How much did the debt grow under Biden and Trump's terms?
The U.S. national debt is fast approaching a record level when compared to the size of America's economy after the Trump and Biden administrations added to the debt.
Protesters blocking roads could cost states federal highway funds under new bill
A new bill in Congress would cut 10% of a state's highway funding if it doesn't take reasonable steps to prevent protesters from blocking traffic on federal-aid highways.
Which NATO countries are meeting the 2% defense spending commitment?
NATO released its annual defense spending report this week that showed a record 23 countries in the alliance met NATO's commitment to spend at least 2% of GDP on defense.
Federal budget deficit to reach nearly $2 trillion this year, CBO projects
The Congressional Budget Office projected that the federal deficit is expected to reach nearly $2 trillion this year in a newly released update to 10-year budget estimates.
Social Security payments will get cut $325 a month starting in 2033 without changes: actuaries
The chief actuaries for Social Security and Medicare testified before the House Budget Committee about the two programs' looming insolvency roughly a decade from now.
Unemployment increased just slightly despite the US adding 272,000 jobs
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
Rising national debt to reduce Americans' income growth: report
The rising national debt is projected to slow American households' income growth, with higher levels of debt shaving off about one-third of those gains, a new report finds.
Growing US debt burden spooks some bond investors as election looms
With the 2024 presidential election looming, forecasts showing federal budget deficits and the national debt continuing to grow have bond investors on edge as fiscal risks increase.
Interest costs on the national debt just surpassed spending on defense, Medicare
From just four decades ago, the debt skyrocketed from $907 billion to more than $34.5 trillion as of Wednesday afternoon, according to the latest Treasury Department figures.
Federal Reserve is giving your money away and it could destroy more than your wallet
The Federal Reserve went down a dangerous path after the 2008 financial crisis. It increased its balance sheet and made borrowing cheaper. The result is a $23 trillion spike in debt.
Warren Buffett predicts higher taxes due to rising deficit
Warren Buffett said at Berkshire Hathaway's annual meeting he thinks the federal government will look to increase taxes to address widening budget deficits rather than cut spending.
Why gold ETFs are an alternative to bonds as inflation lingers
Getting into gold can be done through ETFs, including one that tracks the physical yellow metal and another that invests in gold mining companies.
IMF sounds alarm on ballooning US national debt: 'Something will have to give'
The International Monetary Fund sounded an alarm over huge levels of government spending in the U.S., which it said poses a "risk" to the global economy.
Government hiring spree propping up the US job market
State and local governments are on a hiring spree to fill high-turnover positions, which is keeping the job market afloat, Labor Department data shows.
Stuart Varney: Liz Truss warned Trump the deep state is waiting
FOX Business' Stuart Varney discussed a Wall Street Journal op-ed by former British PM Liz Truss warning Trump about the deep state if he's re-elected.
Biden must stop inflation denial and quit doing dumb things
Denial is almost a Biden policy when it comes to inflation. And inflation has been in the danger zone for 36 straight months and went up again in March. It's time to address it.
US national debt interest exceeds defense spending: CBO
Federal spending on servicing the national debt has eclipsed military spending in fiscal year 2024, according to a new report from the Congressional Budget Office.
Varney: Victor Davis Hanson is right about Biden's 'destructive' agenda
FOX Business' Stuart Varney discussed Victor Davis Hanson's Fox News opinion piece on Biden's destructive agenda and its impact on the United States.
Hedge fund billionaire says US debt 'is a growing concern that cannot be overlooked'
Citadel founder and CEO Ken Griffin said the rapid growth of the U.S. national debt is a "growing concern that cannot be overlooked" in his annual letter to investors.