national debt

A look at the bond market, a trade deal with Canada, and all the rest of the week’s economic news.

The U.S. has already surpassed its 2025 budget deficit with about a month and a half left to go in its fiscal year. According to the Congressional Budget Office, the government is on track to borrow more than $2 trillion in fiscal year 2026.

Between tax cuts for U.S. households and corporate tax breaks, who’s actually footing the bill?

The share of U.S. debt held by foreign countries has been shrinking.

A new survey from the Peter G. Peterson Foundation said fiscal confidence is the lowest it’s been in a couple of years.

A new study out of the Cato Institute finds that immigrants pay more in taxes and receive less in benefits than the average.

Tax breaks and extensions will add trillions to the national debt, which currently stands at $38 trillion. 

The national debt now stands at more than $38 trillion. The tariff revenue we rake in is just a drop in the bucket compared to that amount.

As the government borrows more and more it makes it more expensive for U.S. consumers to borrow money for mortgages, cars, and more.

Under current debt projections, economists cannot even model out a functioning long-term economy.