Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
We will likely grapple with the consequences of ill-advised COVID-19 policies for years to come.
Biden's proposed stimulus spending might give a modest boost, but in the long run it'll slow the economy.
Plus: Uber abandons self-driving autos, on being "both loud and silenced," and more...
Despite Elizabeth Warren's contention that it is the "single most effective economic stimulus that is available through executive action," forgiving student debt is a bad idea.
She once suggested that if Americans care about the deficit so much, maybe we should make Libya pay for it.
The president-elect promised record levels of spending and taxes on the campaign trail. Will he succeed?
Trump plans to steal less of other people’s cash then Biden does, though neither has any serious suggestions for paying for their spending schemes.
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
Congress is currently debating what should be included in the next trillion-dollar (and counting) stimulus bill, but nothing is likely to pass this week.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
Having failed to be fiscally responsible when it would have been relatively easier, our elected officials will now likely hike spending even further.
There was a deficit of debt talk at the conservative conference.
"Absent policy changes, the federal government continues to face an unsustainable long-term fiscal path," America's top auditor warns. But is anyone listening?
The president likes things big, so that apparently applies to government budgets too.
America will have to pay for its spending spree and its wars.
Donald Trump, Democrats, and Republicans agree on trillion-dollar deficits for as far as the eye can see.
Neither party is serious about reining in spending. This is unsustainable.
The island's residents have had enough of a territorial government tainted by corruption and that is seemingly contemptuous of their daily struggles.
A new book explores how America's criminal justice system heaps debts on those who can't possibly pay.
The feds are $234 billion in the red. Looking for hope? Sen. Mike Enzi has some ideas.
How would you like it if nearby strangers could instantly access your credit score on their phones?
You can't have it both ways.
Growth alone won't get us out of this mess.
By 2020, interest on the debt will cost more than Medicaid. By 2025, it will cost more than defense spending. And that's just the start.
"We consistently allow the government to develop…programs like this that sound really great on paper but have no practical benefit," Keith Bradford says.
Trump planned to borrow heavily to fund his still unreleased infrastructure plan, even while the Republicans in Congress were making the deficit worse.
The economy might be humming but when are we going to have to, you know, pay for the party already?
GOP legislators released their "Tax Reform 2.0" proposal, which aims to make last year's tax cuts permanent, adding trillions to the $21 trillion debt.
The granting or withholding of that approval is a powerful lever over our lives.
Of course, June's deficit represents just a small fraction of our overall national debt.
The island's population has fallen dramatically even as Spanish speakers from other nations are desperate for a new home.
The GOP leadership cheers on a bipartisan spending spree.
The feds can't pass a budget or do much very well, yet a record level of Americans want it more involved in our lives. That's not as crazy as it seems.
Republicans will regret this the next time a budget-busting Democratic proposal comes along.
After all that fuss from 2009 onward, Rand Paul is the last Republican left objecting to the continued growth of government.
Join us as we explore the enormity of our fiscal black hole, which now surpasses $20 trillion.
There are 20 trillion reasons we should rein in government spending.
Nick Gillespie, Katherine Mangu-Ward, and Matt Welch talk Trump, Ryan, gender-neutral pronouns, DJ Khaled, and more.
Why Paul Ryan was clapping at policies he's long opposed, how POTUS could be a strong de-regulator, and why the media cares 100x more about presidential theatrics than the war in Yemen
The president takes a reckless stance on free trade, entitlements, and debt reduction.
From Bernie to Hillary, from Trump to the chumps in Congress, we used the spectacle of politics to argue about the substance of policy.
Trade wars and debt increases loom on the horizon.
During PBS debate with Green Party candidate Jill Stein, the Libertarian candidate shows his fangs.
Dallas' pension crisis is another example of why cities and states shouldn't use pension obligation bonds.