The other quarter is held by government accounts, most of which go to trust funds for Medicare, Social Security, military retirement and civil service retirement. Raising the debt ceiling refers ...

The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point “extraordinary measures” will be taken to keep the US from ...

The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down, despite the growing criticism of massive levels of government spending. The national debt — which ...