The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the government and economy.

Fifteen years ago, when the Barack Obama–Joe Biden ticket first got elected, America’s three highest federal deficits on record, in inflation-adjusted dollars, were all from World War II. Since then, ...

The deficit as a share of GDP peaked around 4.4% after the 1991 recession before falling to 3.7% by the end of 1993. The 10-year Treasury yield fell nearly 2.5 percentage points to around 6.4% at ...

In fiscal year 2022, the federal deficit was the equivalent of nearly $20,000 for a middle-class family. To carry the analogy further, this family would already be more than $447,000 in debt, but ...

For the federal budget in the year 2020, the chart showed a deficit of $3.13 trillion. In 2021, the figure was $2.77 trillion. In 2022, the number was much smaller, at $1.38 trillion.

The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.

These charts should alarm Congress and Biden. ... In 2023 — with the economy humming along — the federal deficit is spiking to $2 trillion, ... That’s double last year’s deficit.

Like the fever chart of a sick giant, the Federal Budget continued to make news last week about the public credit of the U. S. ... * Same day last year the 1932 deficit was $2,145,146,544.

The federal deficit took a hit again during the ... it once again grew relative to the previous year. The deficit remains ... "The Long Story of U.S. Debt, From 1790 to 2011, in 1 Little Chart." ...

This year’s projected government budget deficit has jumped by $130 billion, due in part to a proposed change to student loan repayment plans and a series of bank rescues organized by federal ...

The US budget deficit soared in fiscal year 2023, which will likely complicate Congress’ efforts to come to a federal spending deal before government funding runs out next month.