This week the United States national debt surpassed $39 trillion. With that about 39 cents of every dollar paid in individual income taxes—goes toward interest payments.

America doesn't look like a nation in fiscal distress—and that's exactly the problem.

The federal government ran yet another big budget deficit in February, as the national debt nudges close to $39 trillion.

The chief of the largest American bank is again sounding the alarm about Washington's finances, warning that a $38 trillion national debt is pushing the United States toward a crisis. Chase CEO Jamie ...

The US is heading towards an unsustainable debt trajectory that could trigger global financial shocks, economists have warned lawmakers during a Senate hearing, raising concerns that rising American ...