America’s sovereign-debt spiral has been building since Washington embarked on large budget deficits in the 1980s. As the tab rose from about 30% of GDP towards 100% in the 21st century, the Treasury ...

The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...

The proposal directs several major congressional committees to submit changes to laws in their jurisdiction which amount to a ...

The bond market shows unusual bear steepening, where long-term yields rise faster than short-term. Learn how investors should ...

House Republicans proposed raising the federal government's debt limit by $4T, according to a draft posted on the House of Representative website on Wednesday. Raising the debt limit allows the ...

Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.

The OBR watchdog is believed to have completely wiped out the £10billion 'headroom' the Chancellor built into her sums in ...

Coconut on the other hand was ranked for its market value of US$20 billion now and expected to rise to about US$38.5 billion in produced in 11 out of the 16 regions, derivatives is zero from tree to ...

It appears that Elon Musk and President Trump are making some headway in reforming the administrative state. Some would argue ...

The US federal budget gap widened to a record $840 billion for the first third of the fiscal year, propelled by spending ...

WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President ...

The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...