The U.S. national debt is the total of what the federal government owes creditors. The U.S. has always carried debt, but the total has expanded rapidly since 2008.

Mr. Bernstein was the chair of President Joe Biden’s Council of Economic Advisers from 2023 to 2025. Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our ...

President Trump’s bold economic agenda, anchored by the historic pro-growth policies in the One Big Beautiful Bill, will unleash robust, real economic growth and restore fiscal sanity in America.

The Congressional Budget Office projects the proposed tax and budget bill will add $3.3 trillion to the national debt over ten years. Reducing the national debt requires raising taxes and lowering ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...