Debt is simply the total amount of money the US government owes to its lenders, currently amounting to $36.2 trillion. This ...

All but two presidents since 1900 have contributed to the national debt. Too much debt compared to a country’s GDP can negatively impact economic growth. The federal government has countless ...

Completely paying off the national debt is not really on anyone’s agenda. Most countries carry some debt and as long as it is not overwhelming, it can be a useful tool for a country to finance ...

Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates can go up.

Just like a family budget, the national budget goes into debt when spending is higher than revenues. Crises like wars and the Great Depression caused the United States to incur heavy debt in the ...

Carolyn Bourdeaux, D-Ga., to lead its new "fiscal responsibility" group aimed at lowering the country's $36 trillion in national debt. Concord Action said they will lead a grassroots effort to ...

How much national debt is too much ... Economists have not been able to nail down how much debt a country can safely take on. But they have tried. Back in 2010, two economists took a look at ...

The Pete Peterson Foundation argued that the national debt matters because “America faces emerging and ongoing challenges that will require resources to keep our country safe and strong” and ...

“At a moment we should be looking at what spending to reduce and how to increase revenue, the national ... to the debt. The CBO report did include a small silver lining for the country’s ...

Back in 2010, two economists took a look at 20 countries over the course of decades ... that economic growth slowed significantly once national debt passed 90% of annual GDP ...