This was more than 14% of the entire federal budget. As the debt grows and the creditworthiness of the United States drops, this will only grow higher. A photo of the debt. Companies, people ...

The National Debt Clock is displayed, Monday, April 7, 2025, in New York. (AP Photo/Yuki Iwamura) · ASSOCIATED PRESS “The adoption of an unprecedented accounting approach in the budget ...

As the global debt approaches $102 trillion, the United States and China are the top contributors to the increasing debt. According to data from the IMF and Visual Capitalist, in one year ...

March 27 (UPI) --If Congress does not raise the debt ceiling, the United States is expected to default on its bills in either August or September, the Congressional Budget Office warned.

Why is DOGE needed? Because politicians and bureaucrats left to themselves have talked a lot and done little or nothing to staunch the red ink.

WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills — as early as August without a ...