Opinion
Self-inflicted injury: On Trump tariffs and the U.S. economy
Donald Trump’s tariffs may be the start of another round of self-inflicted economic damage for an already strained U.S. economy ...
Committee for a Responsible Federal Budget1d
12-Month Rolling Deficit is $2.1 Trillion in January 2025
The 12-month rolling deficit – or the amount the federal government has borrowed over the past year – totaled $2.1 trillion, based on estimates from ...
‘Rosy’ Budget Assumptions Might Increase National Debt Says Think Tank
Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
Trump, Congress budget talks send risks soaring for Social Security and Medicare
The latest news on budget talks between President Donald Trump and the Republican-controlled Congress indicates that the financial risks to Social Security and Medicare, as well as to the entire ...
Washington's Debt Delusion: Economic Growth Cannot Fix the Deficit
Washington is running its largest peacetime budget deficit in American history. The national debt held by the public has ...
redstateobserver5d
Crisis: America's Deficit Threatens National Security and Prosperity
Crisis** The federal deficit has surged to alarming levels, now reaching proportions not seen since World War II. As the Congressional Budget Office (CBO) recently reported, the ...
Committee for a Responsible Federal Budget6d
Interest on the Debt to Grow Past $1 Trillion Next Year
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
LA County wildfire losses seen as high as $164 billion, UCLA says
The estimate — equivalent to more than three times LA County’s annual budget — would rank the wildfire toll second only to ...
US Warned of 'Death Spiral' of Debt
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...