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YOU WONT BELIEVE: Cbo - What They Never Told You

Trump Wants To Send Americans $5,000 If Republicans Win The Midterms. Questions About The Deficit Arise.

The president tied a new "Trump dividend" to Republicans keeping control of Congress, a payout that would cost more than $1.2 trillion if extended to every adult citizen.

International Business Times

As Treasury shells out $95 billion a month in interest to cover deficits, Trump pitches $1.3 trillion payout to voters if Republicans win midterms

For the past 11 months, the CBO reported yesterday, the U.S. Treasury has spent $1.05 trillion servicing national debt—approximately $95 billion every month.

Fortune

As U.S. Debt Pierces $40 Trillion, a $6 Billion-a-Day Borrowing Habit Drives Push for Spending Cap

U.S. debt hit $40 trillion this week. A House GOP chairman says daily interest now tops defense spending — and wants states to force a fix.

Latin Times

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Planned New Battleships Come With a High Price Tag and an Uncertain Future

Large warships could prove to be expensive drone sponges without a clear mission.

Reason

America's Debt Hits $40 Trillion: Over $1T Interest Bill Nearly Matches Defense Spending

US national debt surpasses $40 trillion: find out why annual debt payments now exceed Pentagon spending and what it means for American mortgage rates.

International Business Times UK

America's $40 Trillion Debt Milestone Is Coming Earlier Than Expected. Interest Costs Are Surging.

The acceleration of the national debt comes partly from an unexpected drop in federal revenue after the Supreme Court struck down President Donald Trump's "Liberation Day" tariffs.

International Business Times

Rand Paul Blasts $432 Billion Record Deficit as National Debt Nears $40 Trillion: 'Time for Washington to Get Serious'

Sen. Rand Paul (R-Ky.) has demanded action on federal spending after the U.S. government posted a record $432 billion budget deficit for July.

Benzinga

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US Navy's new "Trump class" nuclear-powered program could hit $275 billion — with the first ship alone costing an eye-watering $23.4 billion

US Navy's proposed Trump-class program could cost $275 billion while demanding unprecedented shipyard output despite persistent construction delays and rising costs.

TechRadar

A Stalled Senate Bill Would Add $833 a Month for Veterans Who Need Daily Help

H.R. 6047 would add $833.33 monthly for veterans receiving VA aid and attendance allowances. It passed the House and is stuck in the Senate.

Medical Daily

Interest on national debt now costs Treasury $3 billion a day, finds the CBO—after U.S. spends $10 billion propping up the currency of its top lender

The CBO reported that net interest on public debt totaled $963 billion between October 2025 (when the fiscal year begins) and July 2026.

Fortune

Trump's $200 billion tariff hit swells budget deficit to $2.1 trillion for 2026, CBO confirms

A major tool for deficit reduction—Trump’s IEEPA tariff regime—is unconstitutional.

Fortune

Top Economist Says Washington Can’t Fix Its Own Debt Addiction, Calls for Constitutional ‘Debt Brake’ to Stop $40 Trillion Crisis

Johns Hopkins economist Steve Hanke says Washington cannot discipline its own borrowing and argues that only a limited Article V Constitutional Convention focused on fiscal responsibility can halt America’s debt buildup by allowing states to propose a binding "debt brake" amendment.

Benzinga

A Bipartisan Hepatitis C Elimination Bill Is Stalled in the Senate Over Its Congressional Budget Office Score

A bipartisan bill to expand hepatitis C testing and treatment has stalled in the Senate over a CBO cost estimate its sponsors call disappointing.

Medical Daily

Trump’s ‘Golden Fleet’ of battleships could cost $455B, blowing past original estimates

Democrats are fighting to withhold funding for the new ship-building program

The Independent UK

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Roll Call

Cassidy’s hepatitis C bill delayed over CBO score

A bipartisan bill aimed at combating hepatitis C is stalled in the Senate due to a high score from the Congressional Budget Office, the bill’s lead sponsor Bill Cassidy, R-La., said on Thursday. The bill, co-sponsored by Sen Chris Van Hollen, D-Md., proposes a national strategy to reduce hepatitis C…

Roll Call

Pentagon: National Guard in DC to cost another $1.43 billion

The Trump administration’s planned deployment of National Guard troops in Washington, D.C., through the end of his presidential term will cost $1.43 billion, or $51 million a month, in addition to the amount spent so far, according to a new Pentagon estimate. The new estimate of the costs going forward,…

The Free Financial Advisor

Treasury Department Has a Troubling Update for Every American Taxpayer

The Treasury Department has a problem that reaches far beyond Washington, D.C., and it does not arrive with a dramatic new tax form. The federal government now spends an enormous amount of money simply paying interest on money it already borrowed, and that bill keeps getting harder to ignore.

Fortune

Trump's new $950 billion tariff scheme still leaves a 40% shortfall in his grand plan to rebalance the $39 trillion national debt, finds budget study

"We currently estimate that the tariffs enacted and proposed under this administration since January 2025 will generate about $825 billion less revenue through FY 2036 than estimated," the Committee for a Responsible Federal Budget says.

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Fortune

The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to amend the Constitution

Today, U.S. debt held by the public currently stands at a staggering $31.68 trillion, a little more than 100% of GDP. According to the nonpartisan Congressional Budget Office (CBO), if Washington continues to embrace its standard operating procedure, that figure is projected to climb to a stunning 175% of GDP…

International Business Times UK

America Spends $24 Billion Weekly to Service Its $39.4 Trillion National Debt

The US government's debt interest payments have reached $24 billion weekly, surpassing spending on major federal agencies, highlighting a growing fiscal challenge for policymakers.

Fortune

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commerce, Homeland Security, Education, the Environmental Protection Agency, the Small Business Administration, and the U.S. Coronavirus Refundable Credits scheme—combined.

Roll Call

CBO: House highway bill would widen trust fund deficit

The House version of this year’s mega surface transportation reauthorization bill could increase the deficit anticipated in the Highway Trust Fund over the next five years despite the inclusion of new fees on electric vehicles and hybrids, according to the Congressional Budget Office The CBO analysis, released Thursday, found that…

The Economic Times

Premier Energies plans to invest Rs 6,000 cr over 3 years in ingot, wafer biz

Premier Energies is set to invest Rs 6,000 crore over three years to establish ingot and wafer manufacturing capabilities, aiming for full integration in India's solar sector. This move aligns with government policy mandating domestic production of these components from 2028. The company's broader Rs 12,500 crore capex plan also…

Medical Daily

Medicaid Work Requirements Are Rolling Out Now — Here Is What Your State Has to Do Before Millions Lose Coverage

Medicaid work requirements from the One Big Beautiful Bill are taking effect in multiple states in 2026. Here is what it means for coverage, who is at risk, and what states must do.

The Guardian - US

Condemned to plutocracy? The relentless rise of US inequality

Elon Musk is a beneficiary of America’s lopsided prosperity – does the country have any appetite for redistribution?

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