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The OBBB cut taxes for many Americans but also added to the national debt, which could be a problem for Americans in the long ...
The gross national debt of the United States reached $37 trillion yesterday according to the U.S. Treasury. Gross debt had been held roughly constant at around $36.2 trillion since January after the ...
The U.S. national debt surpassed a historic $37 trillion milestone for first time as Treasury Department data shows federal ...
Private investors are the biggest holders of national debt – $24.4 trillion as of March 2025 – followed by federal trust funds and retirement programs.
The fight over the debt limit is as much a fight over political power as it is about the issue itself. Americans are hardly aware of the machinations of the debt limit. In a December YouGov poll ...
The U.S. is once again approaching its debt ceiling, and failure to raise it could trigger a chain reaction across global markets. This video breaks down what’s at stake—from interest rates and credit ...
The United States hit its $31.381 trillion debt ceiling, or limit, on Jan. 19, 2023. Once that debt limit was reached, the federal government became at risk of default.
The debt ceiling, also known as debt limit, is the law that limits the amount of money the US government can borrow to cover costs — including paying federal employees, as well as Social ...
If Congress fails to raise the debt ceiling, the government would automatically default on its payments. In the more than 100 years since the limit was enacted, that has never happened.
Debt Ceiling Why the Debt Limit Is (Still, Really) Constitutional Biden still wants to explore the 14th Amendment—but it isn't a presidential authority, and the debt limit doesn't create a ...