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U.S. debt

Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
Economy
Trump broke his promise to lower—and eliminate—the national debt. A top investor thinks he’s the ‘worst-spending president in history’
By Marco Quiroz-GutierrezJuly 29, 2026
Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump sit in the Oval Office.
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it’s still worse somehow
By Sasha RogelbergJuly 23, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co.
Economy
Jamie Dimon won’t put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt
By Eleanor PringleJuly 21, 2026
A Peterson Foundation bus stop sign displays the national debt on June 12, 2026 in Washington, DC.
Economy
United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
By Eleanor PringleJuly 14, 2026
US Secretary of Treasury Scott Bessent
Economy
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
By Eleanor PringleJuly 10, 2026
The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
Economy
The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
By Jason MaJune 29, 2026
U.S. President Donald Trump speaks with reporters while aboard Air Force One en route to Chippewa Falls, Wisconsin on June 5, 2026.
Economy
Tariffs are generating only 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet
By Eleanor PringleJune 16, 2026
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on October 14, 2025 in Washington.
Economy
U.S. Treasury pays $3 billion a day in interest on national debt nearing $39 trillion mark
By Eleanor PringleMay 11, 2026
President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, DC.
Economy
‘Any semblance of fiscal responsibility’ has been abandoned, says budget watchdog, as national debt creeps toward $39 trillion milestone
By Eleanor PringleMay 5, 2026
Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook 
Economy
Interest on U.S. debt is becoming a top driver of future deficits, as the sheer size of past borrowing overwhelms the fiscal outlook 
By Jason MaMay 2, 2026
‘Cut up the credit cards:’ Congress is getting brutal about ‘embarrassing’ $31 trillion national debt
Economy
‘Cut up the credit cards:’ Congress is getting brutal about ‘embarrassing’ $31 trillion national debt
By Eleanor PringleMay 1, 2026
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a ‘crushing legacy we must reverse,’ says budget chair
Economy
It took 200 years for national debt to hit $1 trillion. Annual interest alone now exceeds that—a ‘crushing legacy we must reverse,’ says budget chair
By Eleanor PringleMarch 23, 2026
Statue in front of a building, US Treasury Department, Washington DC, USA
Economy
Come 2030, the U.S. deficit will be worth 5.9% of GDP—more than spending on Social Security, and equal to major health programs
By Eleanor PringleFebruary 26, 2026
Photo of President Donald Trump
Economy
America borrowed $43.5 billion a week in the first four months of the fiscal year, with debt interest on track to be over $1 trillion for 2026
By Eleanor PringleFebruary 10, 2026
U.S. President Donald Trump speaks to reporters and members of the media at Mar-a-Lago on February 1, 2026 in Palm Beach, Florida.
Economy
President Trump just missed a key legal deadline for his spending plans—stoking economists’ fears over the $38.5 trillion national debt
By Eleanor PringleFebruary 3, 2026
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