National Debt

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

Buying a bond is usually like going for ice cream (to a regular ice cream place): You pick your flavor, you pay, you enjoy a nice, predictable payoff. Lately though, that’s not the deal.

Government spending is built into the formula for calculating GDP.

The National Bureau of Economic Research found the number of deaths was large enough to result in a net increase to the Social Security fund.

Republicans have a slim majority in the House of Representatives — and those from liberal states could throw their weight around.

The new administration hopes that energy dominance and government efficiency can bring down borrowing rates.

The Trump administration said the tax cuts would pay for themselves, but according to a study “that’s just not true at all.”

The US government is $36 trillion in debt. But who is owed all that money?

According to both the Constitution and the Impoundment Control Act of 1974, the president does not have the authority to spend or hold back funding Congress has appropriated.

Wendy Edelberg of Brookings says “political malpractice” might be a bigger risk to economic stability than the government’s massive borrowing.