(Bloomberg) -- The US debt interest-cost burden climbed to the highest ... a former chief economist at the Congressional Budget Office. The net interest bill exceeded the Defense Department ...

Even if the U.S. avoids some of the worst-case scenarios, ballooning debt and the cost of servicing it could eventually slow economic growth and make the burden unsustainable, according to a ...

The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.