The Latest Breaking News from National Debt

Trump, hoping to salvage midterms, makes a dubious pledge to give every US adult $5,000 if GOP wins

President Donald Trump pledged $5,000 to every adult American if Republicans win elections. This extraordinary promise would cost over one trillion dollars and require congressional approval. Vice President JD Vance suggested payments would exclude the wealthy and could be funded by tariffs. Experts note the US runs significant deficits and…

The Economic Times · Sep 10

As Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches $1.3 trillion payout to voters if Republicans win midterms

For the past 11 months, the CBO reported yesterday, the U.S. Treasury has spent $1.05 trillion servicing national debt—approximately $95 billion every month.

Fortune · Sep 10

Trouble in US bond market could mean higher prices are here to stay

Concerns over rising inflation, continuing war with Iran, and the US’s record national debt have shaken the market

The Guardian - US · Sep 10

Trump signs stopgap bill, keeping US government funded through December before midterm elections

President Donald Trump signed a funding bill, averting a government shutdown before elections. Congress approved a temporary extension of federal spending, keeping agencies funded through December. This measure gives lawmakers more time to resolve spending differences and fiscal challenges. The national debt has crossed forty trillion dollars, and affordability remains…

The Economic Times · Sep 3

Elon Musk Warns US Is '1,000%' Going to Go Bankrupt as National Debt Surges Past $40 Trillion

Elon Musk's claim that the US is '1,000%' heading for bankruptcy has resurfaced after national debt topped $40 trillion, sharpening debate over inflation, interest and the dollar's future.

International Business Times UK · Sep 1

Latinos Carry More Debt but More Hope: 61% Still Believe in the American Dream

More than seven in 10 Hispanic adults in the United States carry debt, but fewer than half say that debt leaves them feeling weighed down financially, according to a new survey that reveals a more complicated picture of Latino finances than the balances alone suggest.

Latin Times · Aug 28

The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

Boomers are getting 265% returns from Social Security—and the “great wealth transfer” won’t save Gen Z.

Fortune · Aug 27

The National Debt Has Crossed $40 Trillion. Both Parties Are Responsible.

And both are hiding behind a lie of omission.

Reason · Aug 27

'We're Actually Totally Screwed': Elon Musk Warns US Is '1,000% Going to Go Bankrupt' Over Debt Crisis

Elon Musk warns that the US could face bankruptcy unless AI and robotics significantly boost productivity to counteract the growing national debt, which recently surpassed $40 trillion.

International Business Times UK · Aug 27

Elon Musk Says We’re ‘1000% Going to Go Bankrupt’ Without Al and Robots — ‘We’re Totally Screwed’ as Interest on National Debt Tops $1 Trillion

Elon Musk warns the U.S. could face financial failure without AI and robots as the national debt tops $40 trillion and annual interest costs surge past $1 trillion.

Barchart · Aug 26