national debt

The U.S. national debt goes up every minute and with the passage of the One Big Beautiful Bill under President Donald Trump could rise even further in the coming years. American residents are not required to help pay down the debt, but the government does allow that option. What Happened: A quick...

Silicon Valley investor and economic commentator Balaji Srinivasan said Tuesday the U.S. is heading towards a national bankruptcy, with no possible solution to its debt crisis. What Happened: In an X post, Srinivasan stated that the U.S. is “broke”, with the real debt exceeding $175...

A friendship between President Donald Trump and billionaire Elon Musk may be coming to an end, with a heated public falling out due to the "big beautiful bill." What Happened: Musk helped the White House administration in the Department of Government Efficiency and was a close ally of Trump during...

With the national debt surging past $36.2 trillion in early June and long-term yields climbing, the U.S. bond market is entering dangerous territory. Leading financial voices are now raising alarms over unsustainable federal deficits, rising interest costs and declining confidence in the national...

President Donald Trump's sweeping legislative package is, as expected, divisive. Republicans are pitching it as “One, Big Beautiful Bill.” Democrats are calling it “one big beautiful betrayal.” Here's a look at some of the bill’s key elements.  The Winners: The...

Economist Craig Shapiro has expressed skepticism regarding President Donald Trump’s trade policies, expressing concerns about tariff revenue not being able to fund the trade deficit, which is likely to widen after his proposed tax cuts. This is particularly following the exemption of...

Risk sentiment deteriorated sharply in the second half of the week after President Donald Trump announced sweeping tariffs on imported automobiles, compounding concerns about rising inflationary pressures. On Wednesday evening, the White House revealed plans to impose a 25% tariff on auto imports,...

Kansas City Fed President Jeffrey Schmid said Tuesday that the future path of interest rates remains unclear, with uncertainty surrounding how much further they could fall or where they might stabilize, particularly given factors like productivity, demographics and the rising national debt....

Rising U.S. Treasury yields and a strengthening in the value of the dollar in the wake of Donald Trump's return to the White House are threatening to counteract the Federal Reserve's efforts to lower interest rates. The Federal Reserve is expected to cut its benchmark interest rate by 25 basis...

Donald Trump has won in the 2024 U.S. presidential election, making him the 47th president and the first to secure a non-consecutive second term since Grover Cleveland in the late 1800s. The Republican Party also regained control of the Senate and holds a lead in the House of Representatives, with...

As the U.S. heads into the elections on Nov. 5, economists warn that a Republican victory across the White House and Congress could significantly increase inflationary pressures. The impact, they say, would stem primarily from higher tariffs, a swelling budget deficit and restricted immigration...

As the 2024 U.S. presidential election approaches, the impact of each candidate’s fiscal policies on the national debt is drawing attention. Both former President Donald Trump and Vice President Kamala Harris have proposed expansive tax and spending measures that would deepen the debt —...

As Halloween approaches, LPL Financial warns of six major risks that could spook markets and drive volatility higher in the coming months. In a note shared with clients on Monday, LPL's analysts—including chief equity strategist Jeffrey Buchbinder, chief economist Jeffrey Roach, chief global...

The International Monetary Fund (IMF) painted a concerning picture for the United States’ fiscal outlook, with upward revisions to the budget deficit and mounting worries over the country’s national debt burden. In its latest October Fiscal Monitor, the IMF forecasts a deficit that...

Editor’s note: This story has been updated to remove draft notes that were erroneously included. The International Monetary Fund (IMF) delivered a mixed message on the U.S. economy in its latest World Economic Outlook report. While the Washington-based institution raised its forecast for U.S...