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MAYA MACGUINEAS
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...- US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
- U.S. debt hits $38 trillion for the first time in history — $500b added in a month, +$23 billion per day, $114,000 per American, total U.S. debt nears $100 trillion — is America moving towards economic disaster?U.S. debt hits $38 trillion, adding $500 billion this month alone — $114,000 per American. The total debt now equals 324% of GDP. Federal d...
- Are you about to lose thousands in retirement? What they’re not telling you about Social SecurityFacing potential benefit cuts and economic uncertainties, more Americans are claiming Social Security as early as age 62, despite reduced m...
- Assessing Donald Trump's send-off for Elon MuskPresident Trump praised Elon Musk as his cost-cutting role ended, though many savings claims were exaggerated or misleading. Trump and Musk...
- If this happens, Donald Trump and the Republicans could add to the mounting U.S. debt and a worsening fiscal outlook; here's all about itA Republican-backed tax and spending bill is generating significant apprehension among Wall Street experts and economists due to its potent...
- US budget deficit grows to $1.3 trillion, second highest six-month level on recordThe US budget deficit has surged to over $1.3 trillion in the first half of fiscal year 2025, marking the second-highest deficit on record....
- US government spending has not slowed under Trump so far, data showsPresident Trump faced increased government spending in his first month despite cost-cutting efforts. Higher health, retirement program cost...
- US Senate approves Social Security change despite fiscal concernsCongress passed the Social Security Fairness Act, eliminating benefit reductions for retirees with public pensions. This impacts roughly 2....
- How Trump or Harris would address Social Security's problemsThe next U.S. president and Congress must address Social Security's looming financial challenges to avoid a 17% benefit cut by 2035. Trump’...
- US starts fiscal year with record $31 trillion gross national debtEdging closer to the statutory ceiling of roughly $31.4 trillion - an artificial cap Congress placed on the U.S. government's ability to bo...
- US Budget deficit hits $3.1 trillion amid coronavirus spending surgeIt was the government's largest annual shortfall in dollar terms, surpassing the previous record of $1.4 trillion set in 2009. At that time...
- Significant drop in US budget deficitCapped off by a $ 2 billion surplus in December, the government ended the calendar year with a deficit of $ 488 billion.
- US Senate shrugs off deficit concerns, to take up tax breaks for businessOn that vote, 62 House Democrats joined virtually every Republican in ignoring President Barack Obama's veto threat because of the deficit ...
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