The 30-year Treasury yield just hit its highest point since before the Great Recession. A leading fiscal watchdog warns the ...

The US military is best served by steady and consistent growth in defense spending rather than sugar-high splurges. In January, President Donald Trump asked Congress for $1.5 trillion for national ...

The latest budget update from the nonpartisan Congressional Budget Office (CBO) found that the federal government has spent more on paying interest on the national debt than on the military in fiscal ...

The U.S. is now spending about $88 billion a month on interest for its $39 trillion national debt, matching combined defense and education budgets. A new Congressional Budget Office update shows ...