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US federal budget crosses grim milestone as interest payments overtake defense spending
Yahoo Finance via AOL· 5 days agoBut Biden also wants to spend more on social programs, which could offset...gas drilling, which...
National Debt Likely to Grow No Matter Who Wins US Presidential Election
Investopedia· 2 days agoDespite rhetoric to the contrary, the national debt has increased significantly under both Donald...
Congress' Budget Process Is Broken. Here's One Idea for Fixing It.
Reason.com via AOL· 3 days agoThat's probably correct. A new budget act could also be an opportunity to build in some structural...
Soaring debt and deficits causing worry about threats to the economy and markets
CNBC· 7 days agoA view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Government debt that has swelled...
Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses...
Fortune· 10 hours ago“We’ve raised the interest-rate forecast,” Yellen noted Friday in an interview with Bloomberg News. Yellen was referring to the Biden administration’s budget proposals, which ...
Comparing America's national debt to its peers
The Forex Market· 3 days agoThe fiscal challenges facing the United States government are top of mind for decision makers. The federal government's debt-to-GDP ratio is near its...
Analysis-Rising US debt burden spooks some bond investors ahead of November election
Reuters via AOL· 2 days agoInvestors are bracing for a flood of U.S. government debt issuance that over time could dwarf an...
Tax hike likely as Clearfield School District faces $5.8M shortfall
Clearfield Progress· 5 days agoManey submitted to the school board a tentative 2024-25 budget that calls for $52,720,861 in expenditures, revenues of $46,893462 with a $5,827,399 deficit
France Needs ‘Substantial’ Extra Efforts on Budget, IMF Says
Bloomberg via Yahoo News· 3 days agoValuationStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart...
Jamie Dimon is worried about how much the US is borrowing. Here’s why
CNN Business via Yahoo Finance· 5 days agoSpending via President Joe Biden’s Inflation Reduction Act has continued to add to the debt. The...