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Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion
Associated Press Finance via Yahoo Finance· 48 minutes agoThe Congressional Budget Office said Tuesday that it projects this year’s federal budget deficit to...
National debt will exceed $50 trillion by 2034, budget watchdog estimates
Washington Post· 1 hour agoAs lawmakers grapple with mounting defense demands and spending on social safety net programs, the...
Student loan relief contributing to 27% jump in projected federal budget deficit, per CBO
CNN via AOL· 1 hour agoThe federal budget deficit will hit $1.9 trillion this fiscal year, according to an updated...
Retail Sales Miss Again. That Boosts the Case for a Rate Cut.
Barrons.com· 4 hours agoMay was another lackluster month for consumer spending as softening economic conditions take a toll...
U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years
New York Times· 1 hour agoThe United States is on pace to add trillions of dollars to its national debt over the next decade,...
Drug patent bill could cut the federal deficit by $3B, analysts predict
BenefitsPRO· 10 hours agoCBO analysts reported last week that the new version of the Affordable Prescriptions for Patients...
The debt: ‘Politics as usual’ fails as usual. Try my bipartisan, patriotic approach. | Opinion
Durham Herald-Sun McClatchy via AOL· 1 day agoTraditional fiscal conservatives say cut taxes when we can, but raise taxes when we must. President...
U.S. debt could threaten the economic growth that’s needed to keep the burden sustainable, former...
Fortune via AOL· 3 days ago"Even absent this dire scenario, meeting additional interest obligations as the debt ratio rises...
Biden Administration Runs Biggest Deficit of the Year in May
GoldSeek.com· 12 hours agoThe Biden administration ran the biggest monthly budget deficit of the year in May as it continues to spend money hand over fist. Federal spending overshot receipts by $347.13 ...
Gateway - Quartz
Quartz· 23 minutes agoThe Federal Reserve’s decision to hold its key interest rate between a range of 5.25% and 5.5% might not have pleased anyone—and that’s kind of the point. The Fed was widely ...