The U.S. officially hit its $31.4 trillion debt ceiling on January 19 — launching a ticking time bomb toward a potentially ...

A little more than two-thirds of today’s debt existed before Trump took office in 2017, and his tax cuts cannot be blamed for that. • Trump’s tax cut added significantly to the federal debt. But three ...

After raising rates as expected, Federal Reserve Chair Jerome Powell addressed the nation this week without referencing Ukraine nor the Pandemic as the cause of (price) inflation. Perhaps the start of ...

The national debt – the amount the federal government borrows to balance the budget – increases when spending is greater than revenue and accumulates over time. As a general r ...

As we pass the midpoint of President Joe Biden’s administration and await his State of the Union address coming Tuesday, let’s take a hard look at his first two years ...

As our nation bumps up hard against a national debt north of $31 trillion, let’s start with the obvious: Our expenditures are greater than our revenue. And while this isn’t ...

The nation has once again hit its spending limit, and under a normally functioning Congress the country’s credit limit would easily be lifted. But these are no longer normal times. Republicans and ...

U.S. Sen. Rick Scott, once the head of America’s largest hospital chain, says Congress needs to run the government like a business. And those who want to save the country from its spending and ...

This week’s White House report card finds President Joe Biden at frigid Camp David rubbing his hands at the anticipation of bragging about big jobs growth when he delivers his State of the Union ...

Here we go again. The United States crashed through the nation’s debt ceiling on Jan. 19, according to Treasury Secretary ...