The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down, despite the growing criticism of massive levels of government spending. The national debt — which ...

Public debt levels have ticked up again in the United States ... government expenditure exceeds government revenue, this is referred to as a budget deficit (as opposed to budget surplus). This ...

A default on US government debt would dramatically shake that confidence. The dollar's value could plummet as the world financial system prices in a dollar that isn't reliable — or seeks an ...