Momentum is building in Washington for a special commission to tackle the nation’s nearly $34 trillion debt, but the idea is ...

The Fiscal Responsibility Commission (FRC) has urged the federal and state governments to set a debt ceiling in tandem with Section 42 of the Fiscal Responsibility Act 2007, as well as stop ...

Budget scorekeepers flip the previous debt limit plan. Spending cuts now would disproportionately hit nondefense programs.

The U.S. Treasury Department says the national debt exceeds $33.7 trillion. There is no credible evidence that it has been ...

The recent U.S. debt ceiling debacle has shed light on just how dangerous a polarized and fragile political landscape can be for the American public. While the U.S. economy narrowly avoided ...

However, X users pointed out that the U.S. has defaulted on its debt several times in history, most recently in 1979. A ...

Sure, part of the deal to raise the debt ceiling that President Biden reached with House Republicans this year loosened some ...

Romney said he didn’t know a single lawmaker, Republican or Democrat, who supported slashing Social Security. Romney is ...

Moody’s Investors Service’s warning that it’s changing its outlook on the US rating is a real-world reminder that hyper-partisan polarization in Congress has a concrete cost, argues.

Peru is eager to raise longer-dated, local-currency debt to pay down dollar bonds as soon as the Federal Reserve starts cutting interest rates, according to Finance Minister Alex Contreras.