New legislation could push federal debt into dangerous territory—without an emergency requiring it.

The U.S. government’s debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

The United States of America is never going to default, that is never going to happen,” said U.S. Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes to defaults, ...

The massiveness of the federal debt has dampened development of the private riskless securities market, but the cavalry via ...

History supports Moody’s assessment that “successive US administrations and Congress have failed to agree on measures to ...

The Trump administration has threatened, then revoked threats, to resume collections on federal student loans. A higher ...

A huge tornado was seen twisting over a field south of Gary, South Dakota, on June 28, as severe storms swept the area. The ...

The level of sovereign debt in India is much lower than in nations like the US, Japan or France. The country's central ...

WASHINGTON (Reuters) -As President Donald Trump's Republicans push ahead on a sweeping tax-cut and spending bill that ...