The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...

"It's not a Ponzi scheme," Penn Wharton's Kent Smetters explained to Fortune. "It's a shell game." ...

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

The cabinet decided to increase the defense budget for this year by NIS 32 billion and allocate an additional reserve of about NIS 13 billion for defense and civilian needs ...

Senators from both sides of the aisle and witnesses expressed alarm at the rising national debt during a Senate Finance subcommittee hearing on Wednesday, warning that future generations of Americans ...

Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...

In his address to a joint session of Congress in March 2025, President Donald Trump set a bold goal for the U.S. government. ...

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...

Federal budget deficit reached $1 trillion in five months through February 2026 as tax revenue jumped $206 billion due to ...