Tag: National Debt (US)

Treasury Report Shows $1.7 Trillion Deficit

The widening gap between what the government spends and what it earns comes as Congress continues to spar over the proper levels of federal spending.

Yellen May Face Questions in Morocco Over U.S. Dysfunction

Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.

Higher Rates Stoke a Growing Chorus of Deficit Concerns

A long period of higher interest rates would make the government’s large debt pile costly, a possibility that is fueling a conversation about debt sustainability.

Federal Reserve Officials See Rates Staying High

Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.