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Budget Deficit

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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 PressMay 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 Ian MountMay 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 PressMay 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 Alicia AdamczykMay 19, 2025
The ‘sell America’ trade is back as investors eye Moody’s downgrade and budget bill
Finance
The ‘sell America’ trade is back as investors eye Moody’s downgrade and budget bill
By Ian MountMay 19, 2025
GOP House members and senators rip Medicaid cuts and booming deficits in tax bill as Trump says ‘The Bill is GREAT’
Politics
GOP House members and senators rip Medicaid cuts and booming deficits in tax bill as Trump says ‘The Bill is GREAT’
By Lisa Mascaro, Kevin Freking and The Associated PressMay 13, 2025
House GOP aims to cut $880 billion mostly from Medicaid in move that could leave 8.6 million without healthcare
Politics
House GOP aims to cut $880 billion mostly from Medicaid in move that could leave 8.6 million without healthcare
By Lisa Mascaro and The Associated PressMay 12, 2025
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 Irina IvanovaMay 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 HenriquesApril 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 SekerkeApril 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 Eleanor PringleMarch 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 Greg McKennaMarch 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 Brian HamiltonFebruary 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 PressFebruary 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 Christiaan HetznerFebruary 13, 2025
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