Federal deficits are soaring. The national debt is projected to hit 120% of GDP by 2036. Here's how that could affect North Carolinians.

Discover how the U.S. national debt affects your finances and what to know about government borrowing and debt limits.

America has crossed a fiscal line that will be hard to uncross. With the national debt now around $38 trillion and still climbing, the federal government is entering an era in which paying more than ...