Federal debt and deficit issues
19 articles
Some of the crazier stuff being discussed at the fringes of the Trump economic team these days is the issuance of “forever bonds” to refinance the nation’s staggering debt.
Moody's has downgraded the U.S. sovereign credit rating, citing concerns over the nation's soaring $36 trillion debt. This unexpected move could affect President Trump's tax cut plans and global markets. The agency pointed to unaddressed fiscal deficits and rising interest payments as contributing factors, sparking widespread criticism.
Concerns about the national debt from Elon Musk and some Republican lawmakers is complicating the path to passage for Trump's "One Big Beautiful Bill Act."
The CBO says it would add $3.4 trillion to the deficit over the next decade.
A detailed analysis of the poor prospects for dollar hegemony and the forces that could trigger a sharp unwind.
Why a protracted US shutdown could seriously damage an already faltering economy.
For the fiscal year that ended on September 30, the federal government spent more than $7 trillion and ran a $1.8 trillion deficit.
Many African nations now spend more servicing external debt than funding healthcare and education.
Elon Musk has warned it’s not possible to solve the U.S. debt crisis without growing the economy at a fantastic pace—something that bitcoin supporters think will blow up the bitcoin price...
The government could "tolerate stronger growth and higher inflation, allowing real interest rates to fall and the debt burden to shrink over time," JPMB says...
For now, and in the foreseeable future, fiscal adjustment is a political non-starter in the US, where the prospect of higher taxes or cuts to Social Security and Medicare is a surefire way to lose votes. But this is probably where the country is headed, thoug…
Plus, how to hedge against history.
There has been much talk lately about foreign investors backing away from the U.S. bond market, with President Donald Trump recently threatening retaliation against any nation that sells.
Empires rarely fall in dramatic moments of realization.
'One Big Beautiful Bill Act', higher tariffs and immigration crackdown are factored into the report.
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The last two times the United States owed more than its annual economic output, the country was either fighting a world war or shutting down due to a pandemic. As of March, it's happened again — this time without an emergency to point to. — Read the rest The…
With US public debt officially eclipsing 100% of GDP for the first time since the 1940s, the Trump administration is pivoting toward “high-impact” funding. Nowhere is this more evident than at the Department of War. Yesterday, the search for “little green men…
Lloyd Blankfein on the growing U.S. debt, polarization, the state of the economy, and what a United States default would look like. Plus: Trump-branded cellphones and the decline of public confidence in free enterprise.