Growing The Debt

The Democratic Socialists of America platform could cost up to $212 trillion over a decade, a Cato Institute analysis of DSA policies estimates.

The CBO reports the federal budget deficit hit $2 trillion as Social Security, Medicare and Medicaid spending surged alongside rising debt costs.

The 10-year Treasury yield hit its highest level since November 2023 as energy prices and government debt concerns fuel a global bond market selloff.

Scott Bessent confirmed Treasury auctions will continue as scheduled while the new buyback structure for longer-dated securities takes effect Sept. 9.

The national debt hits $40 trillion as Social Security, Medicare, interest rates and tax cuts drive federal deficits higher under Trump's watch.

The U.S. national debt topped $40 trillion as interest costs now exceed national defense spending and the debt doubled in under 10 years.

Treasury yields hit multi-decade highs as the U.S. national debt nears $40 trillion, with the federal budget deficit projected at $2.1 trillion this year.

The CBO's monthly update shows the federal budget deficit on track to hit $2.1 trillion as national debt interest costs surge 14% year over year.

Federal spending on national debt interest, Social Security, Medicare and Medicaid drives the budget deficit $35 billion higher than last year.

The U.S. is projected to run a budget deficit of at least $2 trillion in fiscal year 2026, according to Treasury Department and bond market estimates.

The U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching over 100% of GDP in March.

USPS is suspending pension contributions to preserve liquidity, and officials warn the agency could run out of cash within a year without major reforms.

U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as deficits surge and experts warn of unsustainable pace.

The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.

Trump proposes massive $1.5 trillion defense budget increase, up from $1 trillion plan. Budget watchdog warns it would add estimated $5.8 trillion to debt.

The federal government ran an almost $1.8 trillion budget deficit in FY2025, which ranked as the fourth-largest in history after even larger deficits were incurred in recent years.

The U.S. national debt surpassed $38 trillion for the first time this week, growing at a record pace driven by spending stemming from the aging population and elevated interest costs.

SNAP benefits for 42 million Americans are at risk as the ongoing government shutdown threatens funding for November food stamp payments, according to the USDA.

The CBO said the federal deficit hit $2 trillion in the first 11 months of FY2025, driven by higher Social Security and Medicare costs as well as interest expenses despite tariffs.

A new analysis by the Committee for a Responsible Federal Budget shows that federal deficits and the national debt are expected to grow at a faster pace over the next 10 years.