There are mixed signals on U.S. finances from the CBO.
Behind the country's default is one of the world's largest stockpiles of American greenbacks.
Explore 60 years of deficits - and the occasional surplus - in an interactive chart.
Obama’s newly-released 2015 budget might set a new standard for budgetary Pollyannaism.
Congress has until Oct. 17 to raise the debt ceiling. Here's what happens if they don't.
Come Oct. 17, the Treasury Department will no longer have enough money to meet all of its financial obligations.
The federal government really does resemble your typical family that owns lots of tanks, operates a giant insurance conglomerate, and can borrow at extremely low rates.
We finally have a date for the debt-ceiling showdown. Doomsday is expected to arrive between Oct. 18 and Nov. 5.
Borrowers are looking for riskier mortgages and breaking out their credit cards. That could be a very bad thing.
Consumer credit soared in May. Here's why that should make us nervous--but not yet make us panic.
Think tankers find that healthcare and tax reform do their job.
Two new reports show just how much progress America has made--if unwittingly--toward cutting deficits.
On most issues, the new pope is a social conservative, and he is no liberation theologian. But the Catholic Church in Argentina, of which he was a leader, hates austerity.
Why the great fear articulated in Paul Ryan's budget probably isn't something the United States will face.
A lot of people hate deficits, and a lot of people hate that the national debt is so high. But why should this worry them?
At least, not unless Washington makes them that bad.
A new paper looks at debt tipping points--and argues that the United States could be near one.
Pundits are from Mars and economists are from Venus. We help them understand each other.
Here’s a secret: For all the sound and fury, Washington’s actually making real progress on debt.
Want to see what's behind our fiscal problems? Then you'll want to see this graph.