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Nadra Nittle, The 19th
The Raw Story· 1 day agoBiden is forgiving $20,000 in student debt for Pell Grant recipients and $10,000 in federal student loan debt for borrowers earning $125,000 or less annually ...
U.S. budget deficit hits $1.2 trillion with fiscal year now two-thirds over
Morningstar· 7 days agoThe numbers: The cumulative U.S. budget deficit has reached $1.202 trillion with the federal government now two-thirds through its current fiscal year, ...
Drug patent bill could cut the federal deficit by $3B, analysts predict
BenefitsPRO· 1 day agoA popular, bipartisan drug patent bill could narrow federal budget deficits by a total of about $3...
Treasury Secretary Yellen says U.S. debt load is in 'reasonable place' if it remains at this level
CNBC· 6 days agoIn a CNBC interview, Yellen also noted that high interest rates are adding to the burden as the U.S....
CBO: Deficits and inflation higher, but so is economic growth - Roll Call
CQ Politics· 20 hours agoIn its semiannual outlook released Tuesday, the CBO now estimates the current fiscal year will end...
Can The AI Boom Outrun Budget Deficits — And Save The S&P 500?
Investor's Business Daily· 1 day agoThe economy faces serious constraints as the federal debt swells. AI could help by fueling...
Enacting a Carbon Tax Would Help Offset TCJA Extension Costs
Bloomberg Law· 7 hours agoMost taxpayers will face income tax increases in 2026, as most of the individual income tax provisions in the 2017 Tax Cuts and Jobs Act are set to expire. Congress will likely prevent that, ...
The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 5 days agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
MarketWatch via Yahoo Finance· 6 days agoThe Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater...
Surgeon General Pushes for Warning Labels on Social Media
The Dispatch via Yahoo News· 4 hours agoThe Congressional Budget Office revised its estimate for the 2024 budget deficit from $1.6 trillion...
