The Debt
  • <strong>The biggest risk is losing money in the market.</strong><br/><br/>Over time, it's almost impossible to avoid losing money in the market, even for the best stock picker. But the greater risk is outliving your savings. Unless you expect to die in th

    Zero Interest Rates Ahead?

    By Michael Rainey

    Reflecting on the latest budget projections from the Congressional Budget Office, which show relentlessly rising debt and interest costs over the next 30 years, Bloomberg’s Noah Smith says that one...

  • A cyclist passes the U.S. Capitol in Washington

    Growth of US Debt Slows, but Record Levels Still Ahead

    By Michael Rainey

    The national debt will reach “unprecedented levels” over the next 30 years, according to the new long-term budget outlook released Tuesday by the Congressional Budget Office. Federal outlays will...

  • Is Big Government Making a Comeback?

    By Michael Rainey

    Recognizing a growing hostility toward major social welfare programs, President Bill Clinton famously announced that “the era of big government is over” back in 1996. Twenty years later, Democratic...

  • U.S. President Donald Trump arrives for an event honoring 2018 NASCAR Cup Series Champion Joey Logano in Washington

    Fact Check: Trump Defends Rising Deficit and Debt

    In an interview with ABC News, President Trump — who as a candidate in 2016 said he could eliminate the national debt in eight years or at least reduce it in chunks — defended its continued rise...

  • U.S. House Speaker Pelosi holds her weekly news conference on Capitol Hill in Washington

    Pelosi Says No Debt Ceiling Hike Before a Spending Caps Deal

    House Speaker Nancy Pelosi said Thursday that any deal to raise the debt ceiling will have to come as part of, or after, an agreement to raise spending caps and avoid automatic budget cuts set to...

The Debt Directory