Browsing: Budget Deficit
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
The national debt is set to reach $40 trillion in the near future if it continues to grow at its…
Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future lawmakers, although…
More people are moving out of the U.S. than moving in for the first time since the Great Depression—a bad omen for the $38.8 trillion national debt
In just one year, the Trump administration’s highly visible crusade against immigration has brought new entries into the U.S. to…
Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more
The U.S. economy remains the envy of the world in many respects, at least in President Donald Trump’s telling. But…
Caring for an entire population is expensive—caring for an aging population even more so. This is the conundrum facing the…
America’s $901 billion trade deficit is like ‘chronically high cholesterol,’ top economist says, and Trump’s 150-day tariffs are the wrong medicine
President Donald Trump has framed the U.S. trade deficit as a “national emergency” and a threat to Americans’ “way of…
Plenty of observers already had doubts that, as Donald Trump put it on President’s Day, the U.S. has entered a…
The ‘alternative scenario’ of an even bigger national debt disaster is in play after the Supreme Court ruled Trump’s tariffs illegal
The Supreme Court ruled Friday that President Donald Trump’s extensive use of tariffs during his first year back in office…
US debt spiral could start in coming years when interest rate on borrowing tops GDP growth
Total federal debt is nearing an ominous milestone in a few years, but a potentially more troubling tipping point could…
U.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market
A key source of revenue for the federal government could be drastically slashed if the Supreme Court upholds a ruling…












