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US borrowed $1.2 trillion in past 8 months: CBO
The Hill via AOL· 1 day agoThe federal government has borrowed roughly $1.2 trillion in the eight-month period ending in May, the Congressional Budget Office (CBO) estimated in a...
With apologies to all those drunken sailors...
The Bradford Era· 15 hours agoThe Biden budget deficit this fiscal year probably will exceed $1.6 trillion. “The deficits projected by the (Congressional ...
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the...
KION 46 Salinas· 1 day agoThe “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. One of...
Maddow Blog | Despite failures, GOP eyes new tax breaks for rich, corporations
MSNBC via Yahoo News· 15 hours agoThe non-partisan Congressional Budget Office recently presented lawmakers with a new price tag: They...
Why good fiscal forecasts matter
The Day· 24 hours agoUncle Sam can use the revenue, but even a $100 billion surprise will hardly make a dent in ongoing massive federal deficits. The increase was driven by a $77 billion, or 26% ...
The National Debt Is Making Us Poorer
Reason.com via Yahoo Finance· 7 days agoThat means the average person will earn about $5,000 less annually than they...growth," explain the number crunchers at the Committee for a Responsible...
JAMES CARTER: Dissecting The US Treasury’s Dastardly Debt Disaster
IJR· 7 days agoShockingly, the $870 billion the federal government will spend on interest this year is three times greater than what the Congressional Budget Office (CBO
Trump Tax Cut Renewal Is Winning Wall Street, But Could Cost $4.6 Trillion
Bloomberg via Yahoo News· 5 days ago(Bloomberg) -- The prospect of a fresh round of tax cuts next year is helping Donald Trump woo Wall...
America’s Debt Is Both Sustainable and a Problem | by Barry Eichengreen - Project Syndicate
Project Syndicate· 23 hours agoOne of the more amusing exercises on the economic calendar is the International Monetary Fund’s...
Economists: Why a Trump Presidency Could Lead to "Hyperinflation"
The Motley Fool via AOL· 22 hours agoAccording to the Congressional Budget Office (CBO), the TCJA's effect on the deficit has been in...
