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National Debt Surpasses $30 Trillion for First Time in U.S. History

The U.S. national debt surpassed $30 trillion for the first time in U.S. history on Tuesday, accordin...

Biden Extends Halt on Student Loan Payments Until May

The Biden administration announced Wednesday that the halt on student loan payments will continue thr...

Congress Approves $2.5T Debt Ceiling Increase

Congress approved Wednesday legislation that would raise the debt ceiling by $2.5 trillion, stepping ...

House Votes to Approve Bill Setting Up Process to Raise Debt Ceiling

Senate Republicans and Democrats reached a deal for a process to raise the debt ceiling, as the House...

42 Countries Owe $385 Billion to China

China’s Belt and Road Initiative project represents a massive injection of funds to the most struggli...

House Passes Bill to Suspend Debt Limit, Temporarily Fund Government

The House of Representatives passed a bill Tuesday to temporarily fund the government until early Dec...

GOP Senators Sign Pledge to Force Dems to Raise Debt Ceiling Without Them

46 republican senators signed a pledge to force their democrat counterparts to raise the debt ceiling...

Biden to Unveil Whopping $6 Trillion Spending Plan

Biden is expected to release his first budget proposal Friday, offering new details on how the admini...

The Imminent Peril of Fiscal Collapse.

Thanks to runaway debt under COVID-19, America is becoming a PIIGS nation....