Wed, Oct 15, 2025:
IMF warns US must tackle its yawning deficit – FT
Global Public Debt Set to Top Post-WWII Levels by 2029, IMF Says – Bloomberg
We can restructure debt for humanitarian ends. Poor and middle-income countries are spending money on interest payments that could go towards essential public goods – FT
Tues, Oct 14, 2025:
Most Americans say taxing the rich is best way to reduce federal debt: Gallup – The Hill
Sun, Oct 12, 2025:
Partisan shutdown standoff ignores key risk to US stability: rising national debt – Reuters
Thurs, Oct 9, 2025:
The Latest Beltway Deficit: $1.8 Trillion. Interest on the national debt is now $1.03 trillion, and climbing. – WSJ Editorial Bd.
Wed, Oct 8, 2025:
The federal budget deficit in FY 2025 was $1.8 trillion. – CBO
Thurs, Sept 25, 2025:
Days before a potential government shutdown, U.S. fiscal confidence is low and falling. The Fiscal Confidence Index in September fell three points to 46 (100 is neutral), reflecting rising concern about the national debt – PGP Foundation
Tues, Sept 16, 2025:
The coming wave of debt servicing costs – FT
Fri, Aug 8, 2025:
Five ways to stop the onrushing debt disaster. All long shots, alas. The looming fiscal crisis elicits an odd optimism that Congress will act in time to avert it. – WP
Tues, Aug 5, 2025:
US Plans Record $100 Billion Bill Sale as Borrowing Needs Mount – Bloomberg
Thurs, July 31, 2025:
GOP claims that tariff revenues can be used to pay “tariff dividends” to taxpayers or “pay down the national debt.” – WP
- GovBudget: This is utter nonsense. The U.S. is running annual deficits close to $2 trillion per year. New tariff revenues may generate $200 – $300 billion per year (which is uncertain because imports will decrease as tariffs go up). Tariff revenues will simply lower annual deficits by 10 – 15%, and that is before figuring in deficit increases from the tax cuts in Trump’s One Big Beautiful Bill Act (OBBBA). Tariffs don’t give us any “extra revenues” to send back to taxpayers or reduce accumulated public debt. They simply reduce annual deficits by a fractional amount, while accumulated debt continues rising dangerously. Bottom line: sending checks approximating “tariff revenues” to taxpayers would be additional federal spending, financed by federal borrowing, and would increase deficits.