With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...

The average borrower could see their monthly bill swell to $288 from $95 according to an early estimate by The Institute for ...

As you begin to plan your debt repayment, take time to calculate your baseline budget, or the minimum amount you need to pay your basic bills. Make a list of your essential expenses (needs ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...

Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.

Billionaire Elon Musk has said his Department of Government Efficiency will work to cut $2 trillion from the federal budget.

“If you have to dedicate a significant amount of your current income to paying back debt incurred on yesterday’s purchases, that affects your ability to save and plan for the future,” he ...

Republicans in the Senate plan to use the budget reconciliation process. Reconciliation is a narrow type of action that is only allowed to deal with spending, revenue, or the federal debt limit.

Republicans will attempt a tax and spending bill that will not require substantial budget cuts, but there may be serious math ...

Speaker Mike Johnson acknowledged his own chamber’s plan for Trump’s big budget bill would slip into ... a possible extension of the nation’s debt limit. “We have just a few final details ...

Budget marks a significant shift from a qualitative goal to a specific, measurable target to 50 per cent by 2031. Since 2013, ...