Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...

June 2025 fiscal flows signal short-term caution and likely SPX declines in July, but liquidity unlocks and Fed rate cuts ...

The Senate bill includes $4.5 trillion of net tax cuts, $1.4 trillion of gross spending cuts, and $0.3 trillion of gross ...

On July 1, Balaji posted on X, stating, "The US is broke," and claimed there is "real debt" in excess of $175 trillion, ...

O N JULY 3RD Congress gave Donald Trump the Independence Day present he wanted: with a vote of 218–214, House Republicans ...

President Trump's "big, beautiful bill" includes major changes to federal spending and tax policies. The Congressional Budget ...

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...

James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

If the picture appears bleak for America’s graduates, it is bleaker still for Uncle Sam. Student lending was once profitable for the federal government. Now it loses 25 cents on every dollar lent. All ...

Trump's Big Beautiful Bill will increase the national debt by trillions. But that doesn't bother Arizona's self-professed ...

Trump’s ambitious fiscal push, along with a generational-scale tariff aggression, is putting the US’s credit status to the ...