Two months into the new fiscal year, and the government is already spending $10 billion a week on servicing national debt | Fortune
The Treasury spent $104 billion in nine weeks servicing a $38 trillion debt, averaging over $11 billion weekly and equaling about 15% of current federal spending.
Trump administration restarts involuntary collections on student loan debt
The Department of Education resumed student loan collections, impacting 5.3 million borrowers and emphasizing colleges' responsibilities in the student loan system.
Trump administration restarts involuntary collections on student loan debt
The Department of Education resumed student loan collections, impacting 5.3 million borrowers and emphasizing colleges' responsibilities in the student loan system.
States Where Trump's Approval Rating Has Plummeted
Trump's early second-term actions used executive orders and legislation to rapidly enact sweeping trade, environmental, staffing, and benefit changes, increasing federal debt and controversy.
'The nation's finances have deteriorated' since Trump's took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit
Federal deficits and debt are projected to rise sharply through 2035 due to recent legislative, trade, and interest-rate developments, reaching unsustainable levels.