The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.

The average taxpayer's piece of the $37-trillion federal debt is about $240,000, or six years of the median income.

The Trump administration is defying a 1974 budget law by withholding funds approved by Congress, raising concerns about power shifts between the branches of government.

With interest costs outpacing defense spending, this piece will help journalists understand the public debt and explain it to ...

Tensions between Washington, Canadian and European allies’ defense spending have overshadowed NATO for a number of years.

The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the ...