Budget Deficit

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Elon Musk in a cap that reads "Gulf of America"
Politics

DOGE cuts at IRS are ‘Christmas coming early’ for tax cheats, policy analyst says

By
May 7, 2025
The GOP’s proposed cuts to FEMA and Medicaid reveal the paradox of red state dependence
Commentary

The GOP’s proposed cuts to FEMA and Medicaid reveal the paradox of red state dependence

By Jeffrey Sonnenfeld and Stephen Henriques
April 28, 2025
How to restore confidence in the U.S. dollar—and why it’s faltering in the first place
Commentary

How to restore confidence in the U.S. dollar—and why it’s faltering in the first place

By Steve H. Hanke and Matt Sekerke
April 16, 2025
Elon Musk speaks with President Donald J Trump and reporters in the Oval Office at the White House on Tuesday, Feb 11, 2025 in Washington, DC.
Finance

Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending

By
March 13, 2025
Steven Mnuchin, founder and managing partner at Liberty Strategic Capital and former US treasury secretary, smiles on stage during the Bloomberg Invest event in New York, US, on Wednesday, March 5, 2025.
Finance

The architect of Trump’s first tax cuts says the plan to scoop out overtime pay and Social Security from taxes is ‘very expensive’ but tips are feasible

By
March 6, 2025
You’re gonna need a bigger chainsaw to reduce government debt
Commentary

You’re gonna need a bigger chainsaw to reduce government debt

By
February 28, 2025
House GOP pushes through budget blueprint in step toward Trump’s ‘big beautiful bill’, with $4.5 billion in tax breaks and $2 billion in spending cuts
Politics

House GOP pushes through budget blueprint in step toward Trump’s ‘big beautiful bill’, with $4.5 billion in tax breaks and $2 billion in spending cuts

By Lisa Mascaro, Kevin Freking, Matt Brown and The Associated Press
February 26, 2025
Ray Dalio, Founder and CIO Mentor, Bridgewater Associates speaks onstage during The Wall Street Journal's 2024 The Future Of Everything Festival at Spring Studios on May 22, 2024 in New York City
Finance

Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit

By
February 13, 2025
Sen. Joni Ernst (R-IA) points with her right index finger upwards as she speaks at a podium.
Finance

Want to cut government waste? Start with the penny, says U.S. Senator to Musk

By
November 27, 2024
Dollar’s sizzling rally cools as Bessent nominated for Treasury
Finance

Dollar’s sizzling rally cools as Bessent nominated for Treasury

By Matthew Burgess, Michael G. Wilson and Bloomberg
November 24, 2024
This combination of pictures created on November 12, 2024 shows US entrepreneur and former Republican presidential hopeful Vivek Ramaswamy (L) speaks during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024, and SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023
Politics

Trump says Musk, Ramaswamy to lead government efficiency effort

By Bill Allison and Bloomberg
November 13, 2024
Former Secretary of State Mike Pompeo (L) and former Secretary of Defense Leon Panetta (R) gave a joint interview on geopolitics' effect on global business at the Fortune Global Forum in New York on Monday November 11.
Conferences

Former CIA chief Leon Panetta says Trump’s economic boost contains a hidden $7 trillion threat

By
November 11, 2024
michel barnier
Politics

France says it has the ‘courage’ to cure its €15 billion absenteeism crisis, by delaying sick payments and cutting public sector benefits

By
October 29, 2024
Federal Reserve Chairman Jerome Powell
Finance

In this election cycle, ‘bond vigilantes’ are voting too—and they don’t like what they see

By
October 26, 2024
Trump tells Joe Rogan he supports getting rid of income taxes and instead relying on tariffs—‘Yeah, sure, but why not?’
Politics

Trump tells Joe Rogan he supports getting rid of income taxes and instead relying on tariffs—‘Yeah, sure, but why not?’

By
October 26, 2024

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