The Debt
  • Senate Majority Leader Mitch McConnell speaks as U.S. President Donald Trump listens during a Make America Great Again rally in Richmond

    Senate Sends $2.7 Trillion Budget Deal to Trump

    By Michael Rainey

    The Senate on Thursday approved the massive two-year budget deal passed by the House last week. President Trump is expected to sign the bill, which was negotiated by House Speaker Nancy Pelosi and...

  • Congress Needs Some Fiscal Rules

    By Veronique de Rugy and Jack Salmon

    Approval ratings for Congress are slumming at 17%. This is nothing new. With the exception of a short-lived patriotic spike following 9/11, it has been going on for decades . Yet this already failing...

  • District of Columbia

    What the Fed’s Rate Cut Means for the National Debt

    The Federal Reserve cut its benchmark interest rate for the first time since 2008 on Wednesday, lowering the target for its overnight lending rate by a quarter point , to between 2% and 2.25%, in an...

  • A sign marks the U.S Treasury Department in Washington

    Treasury Plans Big Jump in Debt Sales

    By The Fiscal Times Staff

    The U.S. Treasury announced Monday that it plans to borrow more – a lot more – than previously projected in the third quarter. Total borrowing is expected to hit $433 billion in the July-to-September...

  • The U.S. Capitol Building is seen shortly before sunset in Washington

    Republicans Defy Trump as House Passes Two-Year Budget Deal

    The House on Thursday afternoon passed a two-year budget deal that would raise spending, suspend the debt ceiling through July 2021 and add an estimated $1.7 trillion to the national debt over the...

The Debt Directory