News

Treasury Secretary Scott Bessent found himself in an unexpected position Friday morning, facing a challenging question from — ...
The “debt doesn’t matter” consensus had a strong start. During the coronavirus pandemic, Congress spent trillions of dollars ...
GDP, manage fiscal sustainability, and why understanding debt dynamics is crucial for smart investment decisions ...
Prime Minister Mark Carney’s announcement that the federal budget will be delayed until the fall is more than a scheduling ...
Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising ...
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure ...
The U.S. collected a record $16.3 billion in customs revenue in April, although the "Liberation Day" import tax revenue surge ...
Adding to the financial strain from the devastating fires are the loss of federal funds ... t the only factors straining the county’s budget. Home sales have dropped 41% over the past 4 years ...
The latest Congressional Budget ... deficit. CBO currently projects federal outlays to total 23.3 percent of GDP this year, while revenues will come in at 17.1 percent. This compares to historical ...
Widespread financial unpredictability is complicating budget negotiations at the North Carolina General Assembly, as lawmakers are becoming increasingly uncertain about what they might need to pay ...
Energised, articulate, armed with charts demonstrating ... main reveal — from a budget whose major elements were telegraphed in advance, especially the, ah, screaming deficit issue — was ...
Any attempt to deal with ongoing federal budget ... federal deficit and national debt. “There is a hard limit on how much the federal government can take in through taxes, regardless of what the tax ...