"It probably would cause significant deflation." Elon Musk makes bold claim about future of US debt crisis: 'Pretty much the ...

Musk said that because AI and robotics could lead to a significant increase in output, it would likely lead to deflation – which is the opposite of inflation and results in a decrease in the price ...

Elon Musk claims AI and robotics are the only solution to America's $38 trillion debt crisis, predicting dramatic economic ...

U.S. debt: The U.S. now owes over $38 trillion, about $114,000 per citizen. Debt jumped $1 trillion in two months. Rising ...

Some lawmakers want the United States to adopt a new amendment to force Congress to come up with balanced budgets to keep the ...

Elon Musk argues that America’s mounting national debt is unsustainable under current political constraints and asserts that only rapid economic growth driven by AI and robotics can avert fiscal ...

In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and ...

The total national debt of the United States has hit $38 trillion, an unwelcome milestone that comes as lawmakers grapple with a looming fiscal reckoning. The unwanted achievement comes amid a ...

The U.S. national debt is rapidly approaching $37 trillion with no signs of slowing down as President Donald Trump's "big, beautiful bill" is projected to raise budget deficits by $2.4 trillion over a ...

The State Financial Officers Foundation letter noted that the cost of interest on the nation's debt is constraining spending ...

If current fiscal trends continue, the United States could face a reckoning far sooner than many policymakers admit. Some economists warn that within five years, when the federal debt may approach $50 ...

As Washington stumbles through yet another government shutdown, we’re hearing the usual chorus of panic: Headlines warn of catastrophe and politicians point fingers. But in reality, shutdowns are just ...