Government ❯ Politics ❯ Fiscal Policy

National Debt

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Debt Hits $39 Trillion as Congress Weighs a 3% Deficit Cap

Budget watchdogs say caps will not fix the gap without hard choices on taxes and benefits.

CBO Outlook Shows Bigger Deficits, Debt Reaching 120% of GDP by 2036

One Big Beautiful Bill Act to Add $3.3 Trillion to Debt as Interest Costs Surpass Defense Spending

Senate Weighs Revisions to Trump’s ‘One Big Beautiful Bill’ After House Backers Seek Energy Credit Fix