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Evil Twins: US Federal Budget Deficits and US Trade
Ludwig von Mises Institute· 7 hours agoHow Do Federal Budget Deficits Arise? Annual federal budget deficits exist whenever federal spending exceeds annual tax revenue. The US has consistently...
Social Security Funds Are Running Dry. Don’t Panic.
The Wall Street Journal· 9 hours agoCongress will have a straightforward option to keep delivering full benefits, they say, though the absence of cost savings or new revenue would mean...
Warren Buffett says taxes may rise to offset widening US deficits
Reuters via Yahoo Finance· 3 days agoNEW YORK (Reuters) -Warren Buffett said he expects the U.S. government to increase taxes to tackle...
Column-Fragile Treasuries relying on rare macro serenity: McGeever
WSAU Wausau· 2 hours agoBy Jamie McGeever ORLANDO, Florida (Reuters) - Any hope of sustaining U.S. fiscal accounts at such stretched levels and keeping the fragile bond market equilibrium intact may have to hinge on ...
Trotwood schools plan staff cuts; union questions need given financial condition
Dayton Daily News· 36 minutes ago“Despite my efforts to avoid our cost-cutting from impacting staffing, I must share that we have had...
'Breaking a promise': California deficit could halt raises for disability workers
Medical Xpress· 7 hours agoGavin Newsom is reneging on a scheduled raise for the workers who care for their loved ones, and...
Social Security will not be able to pay full benefits in 2035 if Congress doesn’t act. Medicare has...
7 News Miami· 4 hours agoWhile the trust funds’ finances improved slightly, they remain in dire shape. The combined Social...
I’m an Economist: Here Are My Predictions for Inflation If Trump Wins
GOBankingRates via Yahoo Finance· 2 hours agoThe 2024 election will be here before you know it, and economists are watching it closely. If Donald...
Travis Toews: Canada's return to prosperity starts at the ballot box. Government spending must be...
Financial Post via Yahoo Finance· 8 hours agoThis year, the budget projects, it will be $1.4 trillion. Of the large provinces, only Alberta...
US Pays $2M Interest Per Minute On National Debt: 'Funny, Peculiar Chicken-And-The-Egg Type...
Benzinga· 9 hours agoWhat Happened: The U.S. Treasury shelled out a staggering $89 billion in interest expenses in March,...