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The Latest Breaking News from National Debt

How Does the National Debt Affect You? A Budget Expert Explains.

Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.

Reason

Will Moody's U.S. credit downgrade trigger 'flight to quality?'

It’s no secret the national debt is on an unsustainable path.

Fortune

The US has $36 trillion in debt. What does that mean, and who owns it?

The US has the highest national debt in the world, a quarter of which is owned by other countries.

Al Jazeera

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read the most diverse news in one place.

Not Even the Moody's Downgrade Can Make Republicans Take the National Debt Seriously

Friday's announcement by Moody's and the House Budget Committee vote could have been a turning point.

Reason

Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits

A new analysis from the Committee for a Responsible Federal Budget estimates that the national debt will equal nearly 130 percent of GDP by 2034.

Reason

MTG signals the one thing that will cost Republicans ‘bigly’ in midterms in warning to colleagues

Republicans are at odds on whether to pass Trump’s tax cuts, which could introduce $4.6 trillion to the national debt over the next decade

The Independent UK

Larry Fink says Bitcoin could replace the dollar as the world’s reserve currency because of national debt

Larry Fink, CEO of BlackRock, has warned national debt could lead to Bitcoin becoming a preferred reserve currency over the dollar.

Fortune

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Why are Trump supporters claiming he wants to crash the US stock market?

Some MAGA followers are spreading an unsubstantiated theory related to the cost of the US national debt.

Al Jazeera

Why Trump’s plan to cut national debt by selling ‘gold card’ visas for US$5 million each won’t work

The US president, Donald Trump, is set to introduce a “gold card” visa that would allow wealthy foreigners to buy permanent US residency – and a path to citizenship – for US$5 million (£3.9 million).

The Conversation

President Trump says U.S. can pay off $36 trillion debt by selling wealthy immigrants ‘gold card’ visas worth $5 million to get citizenship

Details of President Trump’s “gold card” visa program are still being finalized, but the proceeds are already earmarked to help tackle America’s national debt burden.

Fortune

'Bitcoin Has Reached Escape Velocity': Michael Saylor Urges US To Buy 20% Of BTC Supply, Use It To Clear National Debt

MicroStrategy founder Michael Saylor said that the US must secure a dominant position in the digital asset space as China, Russia, Saudi Arabia, and European countries rapidly increase their stakes in Bitcoin.

International Business Times UK

DOGE Dividend Cheques May Give Americans $5000 Each: What Is It And How Do You Qualify For It

Americans could use DOGE dividend cheques to clear debt, grow their emergency funds, and invest in long-term goals like retirement, which could have an overall deflationary effect on the US economy.

International Business Times UK

Trump Says He May Consider $5,000 'Refund' Checks For American Taxpayers From DOGE Savings

President Donald Trump says there is a proposal to use portions of the DOGE's savings to pay down national debt and provide tax refunds for American taxpayers.

International Business Times

President Trump Considers Giving DOGE Savings Back To Americans

President Trump discusses potential plan to allocate savings from Elon Musk's DOGE initiative back to Americans and national debt.

Top News

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Top News

House Subcommittee On Government Efficiency Holds First Hearing

House Subcommittee hearing addresses national debt concerns, wasteful spending instances, and proposed legislative actions for government efficiency.

Fortune

Trump claims Elon Musk's DOGE 'geniuses' have found 'very fraudulent stuff'

Musk believes some $1 billion per week is being spent on fraudulent Treasury payments, prompting Trump to ask if this could help national debt.

International Business Times UK

Mark Cuban Mulls Launching His Own Meme Coin Like $Trump But Focusing On National Debt

Mark Cuban is considering the launch of a meme coin like Donald Trump's but would send the proceeds from token sales to the US Treasury to reduce the national debt.

Top News

US National Debt Projected To Rise By .9 Trillion

CBO outlook warns of .9 trillion national debt increase, rising deficits, and challenges ahead.

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The Independent UK

CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump

AAP

Surge in number of Australians seeking debt help

Australians are struggling with the mounting cost of living, with the National Debt Helpline fielding a significant increase in calls.

International Business Times UK

Buddy Carter's Bill to Abolish IRS and Overhaul Tax Code Aims to Cut National Debt

US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.

MarketBeat

3 Defense Stocks Gaining From Budget and Interest Rate Pressures

As the national debt grows to a staggering $36 trillion today, its interest burden has surpassed the defense budget, and a potential increase is called for.

Top News

Rep. Burchett Emphasizes Need For Fiscal Responsibility In Government Spending

Rep. Tim Burchett expresses concerns about government spending, national debt, and the urgent need for fiscal responsibility in both parties.

Top News

Sen. Kennedy Urges Trump To Control GOP Amid Spending Bill

Senator Kennedy calls on President-elect Trump to intervene in GOP caucus for spending bill negotiations and address national debt concerns.

Top News

House Passes House Passes Top News Trillion Defense Bill Amid Rising National Debt Trillion Defense Bill Amid Rising National Debt

The House passed the NDAA allocating 5.2 billion for defense, contributing to the growing national debt. Senate and President Biden's approval are next ...

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