Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.

Let’s hope that Elon Musk is, indeed, a latter-day Grant, doggedly pursuing the spending that strangles our country, demanding the unconditional surrender of those who will somehow claim that ...

Understanding how and why the government borrows can help you see the bigger picture of how national finances impact your ...

Bill Gates says he's on board with Elon Musk's cost-cutting plans for DOGE as long as the U.S. government doesn't lose sight ...

US Treasury Secretary Scott Bessent said he favors a strong dollar and has no plans to alter the government’s debt-issuance ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...

Japan's annual interest payments on government debt could surge more than 50% over the next few years, government estimates ...

Amid infrastructure drive, shadowy LGFVs, which let local governments circumvent borrowing limits, risk triggering a ...

The Albanese government has defended plans to wait until after they are re-elected at this year’s federal election before ...

Quirks in the German electoral system mean that the far-right Alternative for Germany (AfD) and the “leftwing-conservative” ...