Trump sees a future without federal income taxes
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An immediate risk is that concerns over debt sustainability and credit rating cuts could trigger periodic volatility in bond yields Read more at The Business Times.
US deficit rises as entitlement and debt costs soar, despite higher tariffs. Learn why reform is crucial for fiscal stability.
May 28, 2025 at 11:30 a.m. EDT41 minutes ago Warning: This graphic requires JavaScript. Please enable JavaScript for the best experience. You’re reading the Prompt ...
The Republican-led House of Representatives has passed its “One, Big, Beautiful Bill,” but before you dig into the more than 1,000-word tomb, it’s probably better to wait until the Senate puts its imprint on it. Jill On Money: Five stages of job loss ...
Governments across the country are letting fiscal repair slip through their hands “with no good reason”, economists have warned, as independent analysis shows the combined federal and state bottom line has sunk and debt has blown out to be worse than previously forecast.
The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by the recent federal government shutdown and reflecting record tariff revenues offset by a shift of some November benefit payments into last month's data,
For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created equal. The key distinction lies between productive ...
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Global finances in peril? Debt levels hit insane highs as Japan, US, China, EMU lean on leverage
Global debt is exploding. Major economies are facing a severe debt crisis, with debt-to-GDP ratios at unprecedented levels. Japan leads with a government debt-to-GDP ratio exceeding 230%, the highest worldwide,
He argued deficit reduction reduces inflationary pressures on the economy. President Joe Biden on Wednesday said that the federal government will pay down the national debt this quarter for the first time in six years. His remarks on economic growth came ...