The U.S. faces a debt dangerous crisis with Congress's overspending pushing the nation towards a fiscal cliff. Trump has to figure a way to fix things before it's too late.

The move came as Republicans seek to approve a large package of tax cuts, spending hikes and safety-net reductions which ...

As Moody's downgrades America's credit rating, Congress is planning to raise the debt ceiling by $4 trillion. Composite illustration by Getty Images ...

Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old ...

The Ways & Means bill contains numerous new tax cuts and breaks, most of which would expire after 2028. These tax breaks as written would increase deficits by $660 billion; however, if they are ...

Johnson is quite right that the federal debt now exceeds $36 trillion, which is about the size of the entire U.S. economy and ...

On the day of his inauguration on 20 January, US President Donald Trump promised ... and declared a national energy emergency to increase US oil output. Other orders have been more mundane ...

House Republicans are moving forward with plans to raise the nation’s debt ceiling by $4 trillion as part of a larger plan to ...

The government will exhaust resources to pay its bills in August, but Congress will be gone nearly all of that month.

The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and remains stubbornly high, ...

Indications have emerged that President Bola Tinubu will meet with the leadership of Nigeria’s power-generating companies as part of an emergency effort to address the N4tn debt threatening to cripple ...

A nonprofit organization says President Donald Trump has significantly increased his net worth in a short time after venturing into the world of crypto assets. According to a new study conducted by ...