As the debt approaches record levels as a share of the economy, the United States government continues to run the highest peacetime deficits in the nation’s history, outside of a recession or...
Updated 5/1/26: On April 30, the House passed a Department of Homeland Security (DHS) funding bill, ending a shutdown that began on February 14 due to disagreements around funding for Immigration and...
The national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau of Economic Analysis (BEA). Incorporating BEA’s preliminary Gross Domestic...