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[ad_1] With U.S. debt now at $35.3 trillion, the cost of paying the interest on all that borrowing has soared recently and now averages out to...
[ad_1] Last week, presidential candidate Robert F. Kennedy Jr. asked me to moderate what he called “The Real Debate.” Kennedy was angry with CNN because it...
[ad_1] Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets, the Bank for International Settlements...
[ad_1] Higher levels of immigration are boosting America’s economy and will reduce the deficit by about $1 trillion over the next decade. In its semi-annual forecast...
[ad_1] Here’s how fast the federal government is borrowing piles of money: when the national debt hit $33 trillion in mid-September, the current National Football League...
[ad_1] Some policy experts who, over the last few decades, saw little need for serious fiscal austerity because the government could borrow at low interest rates...
[ad_1] Entitlement reform has long been considered a third rail of American politics, even as the insolvency of Social Security and Medicare creeps closer. That perception...
[ad_1] President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said Wednesday. That deficit...
[ad_1] SACRAMENTO, Calif. (AP) — California will likely have a $25 billion budget deficit next year, state officials announced Wednesday, ending a run of historic surpluses...