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Page 9 of 14
Ray Dalio speaks onstage during the 2025 TIME100 Summit at Jazz at Lincoln Center on April 23, 2025 in New York City.
EconomyRay Dalio says America’s ‘debt-induced heart attack’ will happen under Trump 2.0—and no one’s brave enough to stop it
By Eleanor PringleSeptember 2, 2025
President Donald Trump
EconomyTrump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says
By Nick LichtenbergAugust 25, 2025
Photo of Donald Trump
BankingTrump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too
By Eleanor PringleAugust 20, 2025
U.S. President Donald Trump
EconomyTrump says tariffs are going to be enough to pay down national debt. They likely won’t even touch the sides
By Eleanor PringleAugust 17, 2025
US President Donald Trump in the Oval Office of the White House in Washington, DC, US, on Wednesday, Aug. 6, 2025.
EconomyIn Trump’s year of cost-cutting and efficiency, national debt soars past $37 trillion
By Eleanor PringleAugust 13, 2025
Scott Bessent
EconomyNational debt hits a record $37 trillion, years sooner than pre-pandemic projections
By Fatima Hussein and The Associated PressAugust 12, 2025
Ray Dalio
FinanceRay Dalio issues his most dire warning to America yet: The ballooning $37 trillion debt will trigger an ‘economic heart attack’
By Nick LichtenbergJuly 24, 2025
Trump signs ‘One Big Beautiful Bill’ into law: What that means for your money
Personal FinanceTrump signs ‘One Big Beautiful Bill’ into law: What that means for your money
By Alicia AdamczykJuly 4, 2025
Trump speaks into a microphone and points into the crowd in front of an American flag
EconomyThe Budget Office says Trump’s spending bill would add $2.4 trillion to the national debt—just one day after Elon Musk slammed Congress over this same fear
By Lisa Mascaro and The Associated PressJune 4, 2025
Tesla CEO Elon Musk and U.S. President Donald Trump
EconomyMusk is on a national debt crusade after slamming Trump’s spending bill: Dimon, Powell, Dalio, and Buffett have all echoed the Tesla CEO’s concerns
By Eleanor PringleJune 4, 2025
Jamie Dimon with Capitol building in background
PoliticsTreasury 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 Irina IvanovaJune 2, 2025
Jamie Dimon, chief executive officer of JPMorgan Chase
EconomyJamie Dimon is more worried about America’s ‘enemy within’ than China: ‘We have to get our act together and we have to do it very quickly’
By Eleanor PringleJune 2, 2025
President Donald J. Trump greets Tesla CEO Elon Musk
EconomyElon Musk says he’s ‘disappointed’ in Trump’s new spending bill because it ‘undermines the work that the DOGE team is doing’
By Eleanor PringleMay 28, 2025
U.S. President Donald Trump
FinanceTrump will get ‘punched in the face’ by markets if his spending bill passes without a plan for national debt and tariffs, says Wharton professor
By Eleanor PringleMay 27, 2025
Treasury Secretary Scott Bessent
EconomyU.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent 
By Christiaan HetznerMay 26, 2025
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Economy
When interest on national debt overtook military spending, it triggered a limit where the U.S. may ‘cease to be a great power,’ warns Hoover historianplaceholder alt text
By Eleanor PringleApril 23, 2026
Success
Despite nearing their 60s, nearly four in 10 Americans heading towards the end of their careers don’t even have a retirement accountplaceholder alt text
By Emma BurleighApril 23, 2026
Environment
Officials will flush 50,000 toilets to flood a Utah lake in order to generate electricityplaceholder alt text
By Mead Gruver, Dorany Pineda and The Associated PressApril 22, 2026
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