Monetization of debt, fiscal austerity, and economic growth are three likely paths for solving the budget deficit.

The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains,

Washington’s spiraling debt trends are simply unsustainable.” Those are the words of Manhattan Institute budget expert Jessica Riedl in the Washington Post. But unless Riedl knows s

The move will likely reduce U.S. borrowing costs for short-term Treasury bills, but annual interest expense won’t shrink much.

The U.S. government is still bleeding nearly $1 trillion every year just to cover interest payments on its debt, and that long-awaited rate cut from Jerome Powell isn’t going to change that. Roughly 80% of federal debt is made up of notes and bonds with terms locked in for anywhere from two to thirty years.

Tesla CEO Elon Musk had quite a ride heading the Department of Government Efficiency — an initiative designed to slash federal waste. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no,

The economic impact of a government shutdown depends on its duration, economists say. Some payments, like Social Security, would continue to be issued.

President Donald Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.

Long-term bond yields in the UK, Japan, France and other countries have surged, threatening demand for both US Treasuries and equities.

There’s never a good time for a government shutdown, but if one starts tomorrow (October 1) it arrives at a relatively vulnerable period due to a growing federal debt burden. Read more here.