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Will Debt Sink the American Empire?
The Wall Street Journal· 16 hours agoAfter growing for decades, this year the U.S. debt will roughly match its GDP. Throughout history, nations that blithely piled up their obligations have...
CBO projects FY 2024 US deficit to jump to $1.9 trln amid higher outlays
Reuters· 4 days agoThe U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695...
Immigration surge projected to boost growth over next decade, CBO says
Axios· 3 days agoWhy it matters: Immigration is a central issue for the 2024 presidential campaign, and the...
Foreign Aid And Student Loan Forgiveness Behind Massive Increase In Deficit Estimate, Congressional...
IJR· 3 days agoAmerica’s debt is growing faster than previously expected, largely due to actions taken by the Biden administration and recent legislation, according to the Congressional Budget Office (< ...
2024 federal budget deficit projection rises to nearly $2 trillion
ABC News via Yahoo News· 3 days agoThe deficit forecast is $400 billion higher than the CBO’s last estimate in February, an increase of...
Why the immigration surge under Biden is saving taxpayers money
Market Watch· 4 days agoThe CBO said that most of the revenue increase comes from payroll taxes paid by immigrants on their...
Feds to run $2 trillion deficit this year; Biden’s student loan reprieve partly to blame
The Washington Times· 4 days agoThe federal budget deficit will reach $2 trillion this year, the Congressional Budget Office said...
Stock market today: US stocks close mixed but gain for the week as the AI trade stumbles
Business Insider via Yahoo Finance· 4 hours agoThese four US regions will likely see big electricity bill increases this summer, according to the...
Hey Congressional Budget Office, tax cuts are good for the economy
The Washington Times· 6 days agoFor those who have real lives that involve productive uses of their time, the CBO is a group of economists and analysts who tell Congress how much any particular law or provision ...
Rate of US uninsured to rise to 8.9% in the next decade, Congressional Budget Office says
Reuters via AOL· 3 days agoThe rate of Americans who are uninsured will rise to 8.9% over the next decade from 7.7% in 2024,...