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Out of control spending is not the only factor driving up national debt, budget hawks warn

For years, Republicans have argued the growing debt load is a result of profligate government spending, while Democrats pointed the blame at tax cuts.

United-states , Americans , Marc-goldwein , Federal-reserve , National-desk , Responsible-federal , Social-security , Business-finance , Maryland , Hunt-valley , Beijing-energy-international-holding-co- , Td

Fact-Checking Trump and Others' Sparring Over Social Security and Medicare

The top presidential candidates are vowing to protect the entitlement programs for current seniors, though some have floated changes for younger generations. But they’ve muddied each other’s current positions.

United-states , South-carolina , Florida , Nikki-haley , Tricia-neuman , Ron-desanctimonious , Ron-desantis , Martha-maccallum , Bloomberg , Cnn , While-in-congress , Social-security

National debt ended 2023 at new record high

Last year came to a close with the gross national debt at a new high of $34 trillion, according to an update from the U.S. Treasury.

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How the federal budget deficit doubled under Biden in a single year

If Washington won't listen to the Federal Reserve, perhaps it will listen to the creditors as the coffers continue to run dry.

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Permanent Inflation

The over 19% inflation experienced since January 2020 is permanent. Our best hope, therefore, is only to ...

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Shutdown could disrupt farm, nutrition assistance, officials say

Everyone agrees it’s a mess and very few admit they actually want to see it happen, but it looks like Government Shutdown 2023 is set to become the latest example of the world’s largest economy grinding to a halt – or at least the federal government portion of it.

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Opinion | The Second Phase of the Biden Presidency

How to survive in the age of acceleration.

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Opinion | The Cowardice of the Deficit Scolds

Why “responsible” organizations are enabling G.O.P. extortion.

United-states , America , Donald-trump , Marjorie-taylor-greene , Joe-biden , Nancy-pelosi , Democratic-party , Magafied-republican-party , Revenue-service , Congressional-budget-office , Republican-party , Business-roundtable

The Debt Ceiling Debate Is About More Than Debt

Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.

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The G.O.P.'s Fiscal Hawks Fly Far Away From Deficit Fights

After a decade of rising deficits and soaring debt, the top White House contenders, Donald Trump and Ron DeSantis, show little interest in battling over the nation’s finances.

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