U.S. Deficit Dynamics: Economic And Investor Implications
U.S. government bonds, or Treasuries, are the primary way the federal government borrows money and one of the world’s most ...
Investopedia1d
U.S. Debt by President: Dollar and Percentage
Over the past ... federal fiscal year ends on September 30, during the new president’s first year in office. Although the terms are often used interchangeably, debt and deficit are different. A ...
White House Forces Showdown Over Congress’s Power of the Purse
The confirmation of Russell T. Vought to lead the powerful White House budget office is likely to escalate the funding fights ...
Top federal agency with history of wasteful spending could be next DOGE target
Elon Musk's Department of Government Efficiency (DOGE) efforts appear ready to shift focus to the Social Security Administration, which is likely to spark criticisms from Democrats similar to those in ...
‘Rosy’ Congressional Budget Assumptions Might Increase National Debt
Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
USAID Costs $40 Billion A Year. GOP Tax Cuts Could Total $11 Trillion Over A Decade.
Republicans readily admit the revenue loss from their tax proposals will be far larger than the spending cuts they’re ...
Bessent’s Plan for Cutting Debt Isn’t Enough. He May Need a Good Dose of ‘Repression.’
With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...
Trump, Congress budget talks send risks soaring for Social Security and Medicare
The latest news on budget talks between President Donald Trump and the Republican-controlled Congress indicates that the financial risks to Social Security and Medicare, as well as to the entire ...
Washington's Debt Delusion: Economic Growth Cannot Fix the Deficit
Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.
Should RBI acquiesce to rate cut demands?
Its inflation targeting mandate does not allow it to do so. Besides, rate easing will exacerbate inflation without addressing ...
The Washington Post5d
Moore announces tax increases for the wealthy to close budget gap
Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund public taxpayer ...