James Madison called public debt “a public curse.” We're currently cursed to the tune of $35.9 trillion and counting. Who's ...
President Franklin D. Roosevelt (FDR) contributed the largest percentage increase to U.S. national debt to date. Roosevelt entered office when the United States was in the depths of the Great ...
The United States was debt-free only once, during the presidency of Andrew Jackson, and the debt has increased ever since.
The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the ...
equal to about 11% of all outstanding student debt (see the CNN chart below). President Joe Biden had hoped to do significantly more, but his plan to provide $400 billion in debt forgiveness to as ...
Nonmarketable securities, like U.S. savings bonds, cannot. Presidents have a significant impact on both the national debt and the budget deficit because they propose the federal budget to Congress ...