Stabilizing debt over the next decade at its current share of the economy would require $9.0 trillion of deficit reduction relative to the Congressional Budget Office’s (CBO) ...
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
The United States has the smallest defense budget in nearly 100 years. If the U.S. is in a cold war, it seems to be cheaper and less urgent than the last.
Many people talk about both the weather and the U.S. national debt, but few do anything about either. The weather has a mind of its own, but this country’s national debt is a matter for Congress and ...
Lawmakers haven’t even started talking about this problem, much less grappling with it realistically. The Congressional ...
Since the start of the new year, the bond market has been urging Congress to come to terms with America’s spiraling budget problems. Soon it might be demanding immediate action.
A top Republican budget hawk called growing federal interest costs "a ticking time bomb that must be defused." ...
Since the start of the new year, the bond market has been urging Congress to come to terms with America’s spiraling budget problems. Soon it might be demanding immediate action. Long-term yields have ...
There is no other Cabinet position that has to engage with lawmakers in Congress across so many disparate technical issues, ...
The U.S. stock market swung between volatility and chaos as the Nasdaq, and artificial intelligence and semiconductor stocks in particular, plunged amid news that a potentially cheaper and ...