$33 trillion represents more than 120% of the entire U.S. Gross Domestic Product (GDP), a level not seen since the massive borrowing needed to finance World War II. Yet, unlike that brief emergency, ...

The national debt has grown so exponentially that the Durst Organization, which maintains the National Debt Clock in Times Square, will revamp its ticker to accommodate 14 digits, or more than $10 ...

In a sign of the times, the legendary National Debt Clock in New York City has run out of digits to record the growing debt. The Times Square-area ticker needs two additional digits to track a ...

Budget experts agree on one thing. The debt is on an "unsustainable" trajectory.

Just as I was getting ready to submit this column, Mitt Romney dropped a New York Times op-ed piece titled “Tax the Rich, Like Me.” They say that great minds think alike, but I believe that greater ...