Feds to buy up to $6 billion in Treasury bonds. Here's why.
Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.
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Wall Street analysts are skeptical that the Treasury Department's bond purchases can curb yields and lower U.S. borrowing costs.
Federal debt has mounted amid tax cuts and trillions in pandemic spending, adding to the nation's interest payments.
The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.
Despite President Trump's promise of cuts, the federal government has spent more than $200 billion more in his first 100 days than the same time period last year.
Trump's fiscal plans would raise the federal debt by more than twice Harris' proposals, new nonpartisan analysis finds.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Even a short default could wipe out more than a million jobs, especially in parts of the U.S. that depend on federal spending.
"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States," Yellen wrote to congressional leaders.
Sen. Michael Bennet spoke to voters in Denver on Wednesday. He responded to questions about the debt deal struck this week by congress and signed by the president.
A Colorado woman is helping tackle the nation's mounting debt. She hopes others will follow her example.
How did the national debt grow so quickly in the past decade? That's a good question.