At a time when America is already battling a quiet, crippling credit crisis, recent data indicates there are still paramount struggles in the way of fiscal freedom. In honor of Financial Literacy ...
The soaring cost of living and financial pressures on families have forced six in 10 parents into debt to provide for their children. That’s according to a survey of 2,000 parents of children aged ...
Let’s not sugarcoat this: the national debt is out of control. We all know it, but nobody wants to budget on how to really fix it. We’re staring down the barrel of almost $37 trillion dollars in debt ...
If current fiscal trends continue, the United States could face a reckoning far sooner than many policymakers admit. Some economists warn that within five years, when the federal debt may approach $50 ...
There is no collapse. No Lehman Brothers moment. Instead it’s a slow burn, a financial treadmill that many are never able to get off. Across the country, households are juggling a web of obligations: ...
The U.S. national debt is rapidly approaching $37 trillion with no signs of slowing down as President Donald Trump's "big, beautiful bill" is projected to raise budget deficits by $2.4 trillion over a ...
Forbes contributors publish independent expert analyses and insights. You actually had to have this stuff in reserve to be a "national bank" in the United States. A one-hundred dollar Civil War ...
Billionaire investor Ray Dalio issued a dire warning on June 4 about the U.S. economy, stating that it is on the verge of suffering an "economic heart attack" due to unsustainable national debt. In a ...
We are at the point where Congress should reject any legislation that would increase our borrowing, writes Maya MacGuineas. And yet the reconciliation budget bill making its way through Congress now ...
The fall of the French government on Monday because of its failure to get through parliament an austerity program to deal with rising government debt is a very sharp political expression of the ...