Promising tax cuts without offsetting spending cuts is politically painless so long as constituents believe they “pay for ...
Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax ...
In 1980, America’s publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25% of annual U.S. GDP. Today, that figure is a little over $30 trillion, or ...
The U.S. government's gross national debt has surpassed $38 trillion during the federal shutdown, marking a record high ...
New loan originations remain limited at banks as they cautiously look to provide loans for commercial real estate only to be ...
As we mentioned in our recent Midyear 2025 Outlook: Pragmatic Optimism, Measured Expectations, we expect bond market action to continue to swing between concerns over slowing economic data (lower ...
Despite the Trump administration’s focus on cost cutting and the additional revenue coming from tariffs, the deficit is as large as it was a year ago.
The trail of debts — and claims made trying to collect them — that dogged Jim Justice well before he became West Virginia’s ...
Trouble emerging when equity and debt markets are calm is just one of many contradictions investors must live with. One ...
China’s debt problem has grown to levels far beyond that of the United States, creating risks for its economy and the world. With debt totaling more than 300% of U.S. levels, analysts are concerned ...
America's debt mountain is eye-watering. The interest alone costs $1.21 trillion annually— 17% of total federal spending.
The Chairman of the Senate Committee on Public Accounts and Audit Amara Konneh has raised an alarm over the lack of budget ...