Budget Deficit

U.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market
Finance

U.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market

By
September 7, 2025
Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk
Economy

Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk

By
August 29, 2025
Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating
Finance

Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating

By
August 25, 2025
Budget office confirms that Trump’s tax law will add $3.4 trillion to deficits
Politics

Budget office confirms that Trump’s tax law will add $3.4 trillion to deficits

By Kevin Freking and The Associated Press
July 22, 2025
The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says
Economy

The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says

By
July 12, 2025
Trump signs ‘One Big Beautiful Bill’ into law: What that means for your money
Personal Finance

Trump signs ‘One Big Beautiful Bill’ into law: What that means for your money

By
July 4, 2025
donald trump and elon musk in the oval office
Politics

Elon Musk says Trump’s ‘Big Beautiful Bill’ could spell disaster for America. Here are its biggest pain points, according to critics

By
July 1, 2025
Congressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion, $441 billion more than before
Finance

Congressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion, $441 billion more than before

By Fatima Hussein, Lisa Mascaro and The Associated Press
June 18, 2025
Jamie Dimon with Capitol building in background
Politics

Treasury head Scott Bessent says Jamie Dimon should relax about the bond markets: ‘For his entire career he’s made predictions…none of them have come true’

By
June 2, 2025
Republican senators, investors and even Elon Musk have doubts that Trump can fix the national debt
Politics

Republican senators, investors and even Elon Musk have doubts that Trump can fix the national debt

By Josh Boak and The Associated Press
June 2, 2025
Ray Dalio
Politics

Ray Dalio says politicians addressing U.S. budget deficit are like passengers ‘on a boat that’s headed for rocks’

By
May 23, 2025
CBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion while Medicaid and other cuts will only shave $1 trillion in spending
Politics

CBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion while Medicaid and other cuts will only shave $1 trillion in spending

By Lisa Mascaro, Kevin Freking, Leah Askarinam, Joey Cappelletti and The Associated Press
May 21, 2025
CATL surges in Hong Kong while U.S. asset investors digest how much debt is too much
Finance

CATL surges in Hong Kong while U.S. asset investors digest how much debt is too much

By
May 20, 2025
Trump is heading to Congress to push his ‘big, beautiful bill’ as it risks collapse ahead of votes this week
Politics

Trump is heading to Congress to push his ‘big, beautiful bill’ as it risks collapse ahead of votes this week

By Lisa Mascaro, Kevin Freking, Leah Askarinam and The Associated Press
May 20, 2025
Markets recoup earlier losses as JPMorgan CEO Jamie Dimon warns of investor complacency
Finance

Markets recoup earlier losses as JPMorgan CEO Jamie Dimon warns of investor complacency

By
May 19, 2025

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