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United States public debt

The World

Are depression-era services now bankrupting recession-era states?

Global Politics

All across the country, smaller budgets — county, municipal and state — struggle to pay for underfunded civic services. Is it possible that the services we’ve come to depend on since the New Deal are, in fact, acting as an ‘architecture of debt?’

A road leads to the U.S. Capitol in Washington

Asia may be the winner as Europe and America kick the debt crisis can down the road, again

Global Politics

Why is the world facing a possible US default with a yawn?

Business, Economics and Jobs
China's Vice Finance Minister, Zhu Guangyao, at the G20 Summit in St. Petersburg, Russia, last month. Zhu is warning the US to get its fiscal house in order.

China and Japan join the international chorus complaining about US fiscal chaos

Business, Economics and Jobs

American ‘Budget Heroes’ find consensus on how to reform federal budget

Business, Economics and Jobs

Some Republicans open to idea of tax increases in deficit reduction deal

Global Politics

As the deadline nears for the debt reduction super committee to reach agreement on deficit reduction, some Republicans for the first time are allowing for the idea of using some tax increases to close the gap.

How debt deal impacts U.S. economic recovery

Business, Economics and Jobs

The current bipartisan plan to raise the debt ceiling would cut at least $2.4 trillion dollars in government spending.

The consequences if debt ceiling deal can’t be reached

Global Politics

The deadline is looming as is the possibility the country will have to default on its $14.3 trillion of debt.

China may own over $1.13 trillion of US debt

By buying up US debt through internationally disparate financial intermediaries, Chinese entities hid exactly how much US debt they had acquired.

The National Debt

Business, Economics and Jobs

The U.S. national debt is now well above 9 trillion dollars — Andrew Yarrow thinks this is not just bad economic policy, but also a moral issue.