The Committee for a Responsible Federal Budget sees a critical threshold crossing by 2031—and the consequences could be ...

If the U.S. defaults on its debt, the government would fail to meet its financial obligations to bondholders. This would ...

In the book When We Are Free, an anthology published by Northwood University Press with a foreword by Milton Friedman, ...

Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...

The United States has crossed a historic and sobering milestone. The country’s national debt surged past $39 trillion on ...

WASHINGTON -- The Supreme Court's decision striking down President Joe Biden's program to forgive student loan debt for about 43 million people could hurt not just individual borrowers, but also the U ...

Debt collection complaints in North Texas have paralleled a nationwide surge. Experts and data attribute the spike to higher cost of living and ...

Fiscal policy has always involved trade-offs. Whose priorities will be financed? Whose burdens will be deferred? Under what conditions? Until recently, governments could postpone these choices by ...

The lessons learned from this crisis must extend beyond Senegal and lead to greater debt transparency and banking supervision ...

Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are ...