Kent Smetters, who runs the Penn Wharton Budget Model, has a forecast for when the economy's breaking point could arrive ...

The high and rising level of US government debt risks driving up borrowing costs around the world and undermining global financial stability, the International Monetary Fund has warned. The IMF said ...

But, according to top policy analysts, the changes needed to place the country on a path toward financial sustainability, ...

Debt financing costs have jumped to the highest level since 2007 among OECD governments. Interest payment as a share of GDP outpaced defense and safety services. The US accounted for over two-thirds ...

On the debt growing from $7 trillion to $38 trillion in just five years, Solomon said "it doesn't seem like we have the ...

This is read by an automated voice. Please report any issues or inconsistencies here. The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That’s the kind ...

You don’t have to be a visitor to the United States long before you are hit with the realization that this is a country with an enormous problem: debt. It certainly ranks a distant second to an even ...

Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.