The U.S. owes almost $29 trillion.

President-elect Joe Biden’s nominee for treasury secretary stressed that if we don’t shore up the economy now, we’ll have a worse crisis to manage later.

The last time the deficit was this high, as a percentage of the total economy, was 1946.

We look into how the government borrows money and what it means in the long run.

If policymakers are too preoccupied with debt to provide the country the stimulus it needs, some economists say: Do it without debt.

The first president warned the country against accumulating national debt. Today the U.S. owes over $23 trillion.

It’s a new fiscal year for America. Let’s look at our debt.

We have short-term focus but a long-term problem.

A new estimate by the Congressional Budget Office says the plan could add $1.7 trillion to the deficit