Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.
A closer look at the U.S. government's $36 trillion debt — some of which is "intergovernmental," meaning money the government ...
In the early 1990s, Bill Clinton's administration set out to "reinvent" government. What can the mercurial Tesla CEO learn ...
WASHINGTON (AP) — As House Republicans missed another deadline Friday to produce a massive budget package of tax cuts and ...
Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.
The International Monetary Fund is "actively engaged" with the Senegalese government regarding the suspension of its financing program after a government audit uncovered last year larger debt and ...
USAID, which has become the focus of Elon Musk's DOGE efforts in recent days, was led by Obama admin alum Samantha Power from 2021 until Trump took office in January.
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
It’s gutsy, at least. President Trump has warned Americans that his new tariffs on imports will cause “some pain ” in the form of higher prices, swooning stock values, and economic uncertainty.
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