In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

IntroductionPublic debt has long been a central concern in both economic theory and policy practice, serving as a key indicator of a nation's fiscal health and its capacity to sustain growth. The debt ...

WASHINGTON, DC: The U.S. surpassed $35 trillion in federal debt at the end of July and recently passed $1 trillion in quarterly interest payments. (Photo by Kevin Dietsch/Getty Images) In July, the ...

Chinese government debt rose by over 13 percent last year, making it almost three times the size of the country's gross domestic product. The steady increase in government borrowing comes at a ...

The nonpartisan Congressional Budget Office (CBO) released a report on Wednesday that projected the national debt will rise to unprecedented levels over the next 30 years despite recent deficit ...

The Finance Minister said that the Central government has set goals for transparency in budgeting, ensuring fiscal management ...

Japanese debt might be high, but it isn't comparable to American debt, which is set to trigger a financial implosion — and light a spark under Bitcoin. On the face of it, the United States' debt to ...

The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...

Bringing down India’s debt to GDP ratio will be the core priority for the government from the next fiscal year, which begins ...

Finance Minister Nirmala Sitharaman said debt reduction will be a core fiscal focus from next year, urging states to improve ...

Venezuela’s debt crisis is one of the largest unresolved sovereign defaults in the world, the legacy of years of economic ...