Committee for a Responsible Federal Budget

Debt Surpasses Size of the Economy

The national debt exceeded 100% of Gross Domestic Product (GDP) last month, based on new economic data released by the Bureau ...

Experts sound alarm as US national debt tops GDP for first time since WWII

The milestone marks a symbolic and economic threshold, with federal debt now roughly twice its historical average relative to ...

US national debt surpasses size of the economy for first time since World War II

U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching ...

K-shaped economy is 'alive and well,' expert says — what new research shows

The so-called K-shaped economy is becoming more pronounced, new data shows. In the aftermath of the Covid pandemic, the K has ...

Federal debt exceeds $39 trillion for the 1st time. Why is this milestone significant?

The federal debt passed an uncomfortable milestone this year, outgrowing the entire U.S. economy. That poses risks, but policymakers show little sign of addressing it.

Consolidating your debt may not save you money this May. Here's why.

Debt consolidation sounds like a quick fix, but in this economy, it could cost you more than you bargained for.