The national debt looks out of control. But a new reality is setting in that may change the calculus and ensure broad ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

A panel of economic luminaries said the long-run risk posed by mounting federal debt represented a paramount problem facing ...

Nearly 203 million U.S. shoppers, the highest in nine years, went to retail stores and websites around Thanksgiving, despite ...

The modern equivalent isn’t literal coin shaving. But as 2026 starts with the U.S. staring down a 120% debt-to-GDP ratio, top ...

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Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Learn what external debt is, its types, and how it contrasts with internal debt. Understand the implications of foreign borrowing for a country’s economy.

WASHINGTON – Both former President Donald Trump and Vice President Kamala Harris are expected to embrace trillions of dollars in new federal spending if elected, but Trump could raise the national ...

Stephen Moore, the former White House economist who once called for President Trump to receive a Nobel prize, has changed his ...