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Budget Deficit

Page 5 of 7
California Democrats agree to delay minimum wage hike for health care workers, who will eventually get $25 per hour
Politics
California Democrats agree to delay minimum wage hike for health care workers, who will eventually get $25 per hour
By Adam Beam and The Associated PressJune 22, 2024
U.S. Capitol dome against backdrop of dollars
Finance
Remember, the U.S. doesn’t have to pay off all its debt, and there’s an easy way to stabilize it, Nobel laureate Paul Krugman says
By Jason MaJune 8, 2024
Treasury Secretary Janet Yellen stands at podium
Finance
Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control
By Viktoria Dendrinou, Christopher Condon and BloombergMay 25, 2024
JPMorgan Chase CEO Jamie Dimon urged the U.S. once again to reduce its national deficit, warning it will become “far more uncomfortable” if financial markets force the government’s hand.
Finance
Jamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’
By Sunny NagpaulMay 17, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
By Sunny NagpaulMay 1, 2024
French President Emmanuel Macron (R) and JP Morgan CEO Jamie Dimon (L) react during the inauguration of the new French headquarters of US' JP Morgan bank on June 29, 2021 in Paris.
Finance
U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’ about money?
By Ryan HoggApril 26, 2024
Jerome Powell
Finance
After Jerome Powell warns of ‘unsustainable’ $34 trillion national debt ‘growing faster than the economy,’ CBO projects record 116% of GDP by 2034
By Fatima Hussein, Josh Boak and The Associated PressFebruary 8, 2024
Legendary investor Paul Tudor Jones says a ‘debt bomb’ is about to go off in the U.S. ‘We’re fast-pouring consumption like crazy’
Finance
Legendary investor Paul Tudor Jones says a ‘debt bomb’ is about to go off in the U.S. ‘We’re fast-pouring consumption like crazy’
By Marco Quiroz-GutierrezFebruary 7, 2024
Goldman’s strategy guru says we’ve begun a rocky ‘post-modern’ cycle in the world economy—and AI could save the day from raging conflict, higher rates, and surging deficits
Finance
Goldman’s strategy guru says we’ve begun a rocky ‘post-modern’ cycle in the world economy—and AI could save the day from raging conflict, higher rates, and surging deficits
By Will DanielFebruary 6, 2024
NYSE broker
Finance
With the deficit hitting $1.39 trillion, a ‘sobering’ 170% increase, traders are bracing for a $102 billion auction of Treasury bonds
By Liz Capo McCormick and BloombergJuly 31, 2023
Biden slams House Speaker McCarthy’s debt plan as ‘huge cuts to important programs’ used by millions of Americans
Politics
Biden slams House Speaker McCarthy’s debt plan as ‘huge cuts to important programs’ used by millions of Americans
By Lisa Mascaro, Kevin Freking, Josh Boak and The Associated PressApril 19, 2023
Biden to propose budget that aims to cut deficits by $3tn in challenge to Republicans
Politics
Biden to propose budget that aims to cut deficits by $3tn in challenge to Republicans
By Josh Boak and The Associated PressMarch 9, 2023
Newt Gingrich and Bill Clinton
Finance
A Harvard professor who helped Bill Clinton balance the budget in the 1990s says Kevin McCarthy will struggle to keep that promise
By Linda J. Bilmes and The ConversationFebruary 1, 2023
Larry Summers
Finance
Larry Summers warns of a dreaded economic ‘Doom Loop’ and says America should pay close attention to the UK’s troubles
By Christopher Anstey and BloombergOctober 21, 2022
Treasury Department building
Politics
The U.S. budget deficit fell to $165 billion in October, down 42% from last year
By Matt Ott and The Associated PressNovember 10, 2021
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Economy
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