Growing The Debt

President Biden's latest extension of the student loan repayment pause could cost taxpayers another $40 billion, according to the nonpartisan Committee for a Responsible Federal Budget.

Today's unprecedented $31 trillion national debt has been building for decades. See how much each president racked up from Richard Nixon to Joe Biden.

As the Federal Reserve raises interest rates to fight inflation, the federal government's borrowing costs on its nearly $31 trillion in debt are expected to skyrocket.

The federal government's borrowing costs on nearly $31 trillion in debt are expected to rise in coming months as the Federal Reserve keeps lifting interest rates.

As the national debt continues to climb and approach an unprecedented $31 trillion, FOX Business compares U.S. government debt to that of other nations.

Sen. James Lankford, R-Okla., on Monday released his latest wasteful spending report, dubbed "Federal Fumbles: Ways the federal government dropped the ball."

Bitcoin is the life raft to store time and value. Bitcoin is the new age version of a no coupon bond issued at a 99% discount with the network effects of a tech company.

The U.S. national debt has hit a new milestone, topping $30 trillion for the first time.

Senate Majority Leader Chuck Schumer, D-N.Y., said the Senate will vote on raising the debt ceiling Tuesday

President Biden traveled to Scranton, Pennsylvania, where he repeated the claim that his Build Back Better agenda will cost zero dollars, saying Americans “shouldn't even talk about the numbers.”

Treasury Secretary Janet Yellen says the idea that the idea of minting a $1 trillion coin to avoid U.S. default is 'a gimmick' and she does not support it.

Wyoming Senator John Barrasso blasted President Biden's "reckless" tax and spending plan on "Kudlow."

Sen. Ted Cruz, R-Texas, says the Democrats already have the power to raise the debt ceiling but are playing ‘political games’ to pass their ‘massively irresponsible’ spending package Tuesday on ‘Kudlow.’

Senate Majority Leader Chuck Schumer on Wednesday pushed back on Republicans refusing to raise the debt ceiling and insisted that paying the country's bills is a bipartisan obligation.

Sen. Rick Scott, R-Fla., on Sunday said he was “fed up” by the federal government not living within its means while discussing the price tag of the infrastructure spending bill.

Republicans on the House Budget Committee are asking congressional leaders to including spending controls with any increase debt ceiling increase, as the July 31 expiration of the debt limit suspension looms.

Treasury Secretary Janet Yellen turned down Senate Republicans' request for a private briefing on the debt ceiling, which is set to expire next week.