The rising national debt and the climbing cost of its interest have some sounding alarms, including the world’s richest man.
The United States has carried a national debt for nearly its entire history.
The federal government just logged a debt-service bill so large it dwarfs the entire budgets of most countries, yet the bond market shrugged it off.
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Henry Paulson, who helped steer the country through the global financial crisis, says the nation's ballooning deficits threaten to cause another disaster.
In 1981, when the federal government’s accumulated debt reached $1 trillion, President Reagan declared, “If we as a nation needed a warning, this is it.
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The Congressional Budget Office did a little time travel this week, to the year 2056.
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