US debt crosses $40T after doubling under Trump, Biden — sparking new warnings of fiscal crisis
Budget watch dogs warn that a full-blown debt crisis could erupt unless lawmakers confront an unsustainable fiscal outlook and raise taxes, cut spendi...
Last updated: 2026-08-20 07:07:14 ET
Budget watch dogs warn that a full-blown debt crisis could erupt unless lawmakers confront an unsustainable fiscal outlook and raise taxes, cut spendi...
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
Bitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from...
Yields, at recent highs this week, dropped after treasury’s vow to ‘provide greater liquidity support’ to bond marketThe US treasury is doubling...
The S&P 500 is in position for a rare fourth year of consecutive annual gains. Risks are rising, our columnist says, yet Wall Street is doubling down.
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