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...
08 May, 2026, 09.33 PM IST
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...
01 May, 2026, 06.03 PM IST
Elon Musk doubles down on launching new party after poll shows massive American public supportElon Musk is pushing forward with his "America Party" amid clashes over government spending. A recent poll reveals that 40% of voters are p...
05 Jul, 2025, 11.29 PM IST
First disagreement between Musk and Donald Trump? President-elect backs Speaker Mike Johnson but Elon has second thoughtsIn a recent development it has been known that the great friends Tesla CEO Elon Musk and US President- elect Donald Trump actually had a di...
01 Jan, 2025, 11.19 PM IST
US Congress has two days to avert shutdown after Trump rejects spending billFormer President Trump urged Republicans to reject a bipartisan spending bill, demanding action on the debt ceiling before his next inaugur...
20 Dec, 2024, 01.51 PM IST
Biden signs temporary funding bill that avoids a shutdown before the electionUS President Joe Biden has signed a temporary government spending bill to keep agencies operating until December 20. The bill, which passed...
27 Sep, 2024, 07.28 AM IST
Biden signs $1.2 trillion funding package after Senate's early-morning passage ended shutdown threat"This agreement represents a compromise, which means neither side got everything it wanted," Biden said in a statement. "But it rejects ext...
24 Mar, 2024, 12.27 AM IST
US Congress releases $1.1 trillion spending package to avert shutdownU.S. leaders unveiled a $1.1 trillion bipartisan spending bill, facing a shutdown. House to vote on six bills, Senate must pass. Schumer an...
21 Mar, 2024, 04.51 PM IST
US Senate passes spending bill, averts imminent shutdownThe U.S. Senate narrowly averted a partial government shutdown by approving a $467.5 billion spending package for agriculture, transportati...
09 Mar, 2024, 06.42 AM IST
Senate passes defense bill with bipartisan support, but clash looms with House over social issuesThe two chambers will now have to write a final bill, a test of the deeply divided House, in particular, as the traditionally bipartisan le...
28 Jul, 2023, 09.30 AM IST
US lawmakers unveil $1.7 trillion funding bill draft to avoid shutdownThe Senate and House Appropriations Committees released the text of the bill, which runs to 4,155 pages and covers spending through the end...
21 Dec, 2022, 06.50 AM IST
Top US lawmakers reach deal on Ukraine aid, $1.5 trillion spendingThough a tiny portion of the massive bill, the money responding to the Russian blitzkrieg that's devastated parts of Ukraine and prompted E...
09 Mar, 2022, 01.15 PM IST
US government could miss payments as soon as Dec. 21: Think tankCongress passed legislation on Thursday to fund the government through mid-February, averting the risk of a partial government shutdown thi...
03 Dec, 2021, 11.39 PM IST
US senate unveils $1 trillion bipartisan infrastructure billA key part of Biden’s agenda, the bipartisan bill is the first phase of the president’s infrastructure plan. It calls for $550 billion in n...
03 Aug, 2021, 07.28 AM IST
'We have a deal': Biden announces infrastructure agreementIt includes more than a half-trillion dollars in new spending and could open the door to the president's more sweeping $4 trillion proposal...
25 Jun, 2021, 10.38 AM IST
White House proposes new $916 bn stimulus plan to break deadlockThe proposal comes weeks before Trump is set to hand over power to President-elect Joe Biden and a new Congress takes office, and as the co...
09 Dec, 2020, 09.09 AM IST
US Senate unveils $1.4 trillion spending bill amid post-election turmoilThe GOP-drafted measure contains funding for President Donald Trump's border wall and other provisions opposed by Democrats, but top leader...
11 Nov, 2020, 08.27 AM IST