national debt

The federal government of the United States has carried some level of debt every year since George Washington’s first term as president. But while the national debt is as old as the country itself,...
The U.S. national debt has long been a point of contention in American politics, and recently, it has taken on a renewed urgency on Capitol Hill. Decades of deficit spending has pushed the national...
Treasury Secretary Janet Yellen identified June 5 as the day the U.S. government would default on its obligations, should congress fail to raise the nation’s borrowing limit. Though the Senate...