The Debt
  • Securing America’s Future Requires Political Courage Now

    By Russ Latino

    My son is five. He plays with Legos and digs old-school video games. My daughter is three. She likes dolls and is prone to uncontrollable giggling with no apparent provocation. Neither have much...

  • Deficit Hit $100 Billion in October

    By The Fiscal Times Staff

    The U.S. government spent $353 billion in October while revenues came in at $253 billion, producing a deficit of $100 billion. Receipts were 7 percent higher than a year ago, but spending was up 18...

  • Pelosi leads Democratic members of Congress in a rally at the U.S. Capitol in Washington

    What Should Democrats Do Now That They’ve Won the House?

    By Michael Rainey

    With Democrats winning control of the House Tuesday, political experts are lining up to give advice on what they should do with their new powers. While there’s little chance of enacting significant...

  • Laurence Fink, founder and chief executive officer of BlackRock, Inc. speaks during the Reuters Global Investment Outlook Summit in New York

    Two Wall Street Titans Warn About the Rising Risk of a Debt-Driven Crisis

    By The Fiscal Times Staff

    “[W]hen you have two of the most influential people in finance sounding the alarm over the same scenario, it’s probably time to start paying attention,” says Bloomberg’s Brian Chappatta . The two...

  • Visualizing the ‘Great Decoupling’

    By Michael Rainey

    The Washington Post’s Catherine Rampell asked economist and data visualization specialist Jonathan Schwabish of the Urban Institute to create a chart that shows how unusual the large and growing...

  • FILE PHOTO: Kudlow gives a press briefing at the White House in Washington

    As Deficit Soars, Trump Advisers Focus on Discretionary Spending Cuts

    National Security Adviser John Bolton, speaking Wednesday at an event hosted by the Alexander Hamilton Society in Washington, warned that the national debt is a societal threat with security...

  • Trump speaks upon departure from the White House in Washington

    Trump Says He'll Start Paying Down the Debt. Here’s Why That’s Not Likely

    By Michael Rainey

    In a somewhat surprising statement on fiscal policy, President Trump said Wednesday that the U.S. will start reducing its more than $21 trillion national debt. "We're going to start paying down debt...

  • Who Owns US Debt?

    By The Fiscal Times Staff

    At Bloomberg , bond strategist David Ader suggests that, while there are plenty of threats that could drive interest rates higher, the idea that foreigners are pulling back from U.S. debt isn’t one...

  • U.S. Treasury Secretary Steven Mnuchin in Washington, U.S., May 23, 2017. REUTERS/Jim Bourg

    US Treasury to Borrow More Than $1.3 Trillion in 2018

    By Michael Rainey

    The U.S. Treasury said Monday it expects to issue about $425 billion in debt this quarter, raising its 2018 borrowing to more than $1.3 trillion, a 145 percent increase from the $546 billion issued...

  • US Debt Issuance Headed for a Record High

    By Michael Rainey

    Bond traders expect the U.S. Treasury to announce record-setting debt sales at the end of the month, Bloomberg’s Liz McCormick says : “Many strategists at primary-dealer firms predict that the...

  • 42. District of Columbia

    Deficit Soaring in 2018

    By The Fiscal Times Staff

    The federal deficit was 32 percent larger in the first 11 months of fiscal year 2018 than it was during the same time period in 2017, the Congressional Budget Office announced Monday. The deficit...

  • The Cost of War Since 9/11

    By Michael Rainey

    The wars in Afghanistan, Iraq and Syria have cost the U.S. more than $1.5 trillion, according to Department of Defense data reported by CNCB Monday. The Pentagon report covers war-related operational...

  • Brady Ryan GOP Tax Plan

    Tax Cuts 2.0: What’s in the GOP Plan and Why It Matters

    With an eye toward November’s midterm elections, House Republicans on Monday unveiled legislation to make permanent the individual tax cuts and pass-through business deductions that were set to...

  • Trump speaks with Mexican President Enrique Pena Nieto about NAFTA  at the White House in Washington

    Trump Wanted Higher Taxes on the Rich – and to Print Lots of Money: Woodward

    By Michael Rainey

    Bob Woodward’s book on the Trump administration, “Fear: Trump in the White House,” hits bookstores Tuesday but has been making headlines for about a week as details leak out. According to a review of...

  • Former U.S. President Barack Obama speaks at the University of Illinois Urbana-Champaign

    Obama: 'Suddenly Deficits Do Not Matter'

    Former President Barack Obama stepped back into the political fray on Friday, delivering a blistering rebuke of President Trump and the Republican Party while signaling how he plans to campaign on...

The Debt Directory

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