U.S. debt tops $38 trillion for first time, worsened by government shutdown

The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.

• Oct 23, 2025

Biden signs debt ceiling bill that pulls U.S. back from brink of default

With just two days to spare, President Joe Biden has signed legislation that lifts the nation's debt ceiling.

• Jun 3, 2023

Debt limit deal would allow completion of West Virginia gas pipeline

Critics say allowing the Mountain Valley Pipeline to be fast-tracked would be a "colossal error" after a history of construction complaints and the impacts of its potential emissions.

• May 30, 2023

If the U.S. breaches the debt ceiling, these states would feel it most

Even a short default could wipe out more than a million jobs, especially in parts of the U.S. that depend on federal spending.

• May 22, 2023

House Republicans pass US debt bill, push Biden on spending

House Republicans have narrowly passed a sweeping debt ceiling package as they try to push President Biden into negotiations on federal spending.

• Apr 27, 2023

Treasury Department paid record amount in interest payments toward national debt

The Treasury Department paid a record $213 billion in interest payments on the national debt in the fourth quarter of last year.

• Feb 19, 2023

Treasury Department pays record amount in interest payments toward national debt

The Treasury Department paid a record $213 billion in interest payments on the national debt in the fourth quarter of last year.

• Feb 19, 2023

U.S. hits debt limit, prompting "extraordinary measures" to avoid default

"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States," Yellen wrote to congressional leaders.

• Jan 19, 2023