With increasing tension between the world’s two largest economies – over rare earth minerals, over Chinese students at U.S.

The Biden administration on Thursday ... to fully comprehend, which makes charts such as these so important. In fiscal year 2022, the federal deficit was the equivalent of nearly $20,000 for ...

Deficits soared again when the Obama administration launched early stimulus ... Treasury yields hit rock bottom. The Biden administration kept the spending rolling. The Fed began rapidly hiking ...

He plans to slash deficits to the levels of 2015, when Barack Obama was president ... energy tax breaks Biden signed into law. Congress would have to enact those changes through new legislation.

The president has met Republican demands for debt reduction with a plan to trim deficits by taxing companies and the rich. By Jim Tankersley Jim Tankersley covers White House economic policy and ...

The federal government recorded one of the largest budget deficits ... and the Biden administration enacted the $1.9 trillion American Rescue Plan Act on party-line votes through the ...