The Peter G. Peterson Foundation, a nonpartisan budget watchdog, ran the numbers exclusively for Fortune.
"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work. And we can’t count on heroic growth rates or crashing interest rates," ...
Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...
Add Yahoo as a preferred source to see more of our stories on Google. A sudden proposal on social media from President Donald Trump to increase U.S. military spending to $1.5 trillion for Fiscal Year ...
Tariffs are among the defining policies of President Donald Trump’s second term. CNN is tracking their impact on the US ...
President Donald Trump's first year of his second term embarrassed the U.S. on the world stage and created massive upheaval ...
The Trump administration this week is rolling out “Trump Accounts,” promising $1,000 in taxpayer money for every child born between 2025 and 2028. What looks like a gift for families is really another ...
Nicole Huyer is a senior research associate in the Roe Institute at The Heritage Foundation. Since the budget is essentially financed by taxpayers, closing the gap means reduced borrowing and interest ...
A sudden proposal on social media from President Donald Trump to increase U.S. military spending to $1.5 trillion for Fiscal Year 2027 is facing severe scrutiny from fiscal watchdogs, who warn the ...