News

Edmonds, Washington is facing a deep financial crisis. With the city facing millions in debt, it’s looking to raise capital ...
The average price of Russian oil, calculated in roubles, remains below the federal budget target for 2025, adding pressure to a budget already grappling with a growing deficit. Source: Reuters Details ...
The pause on many tariffs was supposed to end this week, but it didn't. Despite that, reports still indicate that tariffs have caused a notable recent spike in inflation.
The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
Budget hawk Sen. Rand Paul (R-KY) on Tuesday mocked the Senate plan to cut $9.4 billion in Biden-era spending, demanding that if the chamber can’t make cuts of $100 billion or more, then the “public ...
The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...
THE Government will cut spending in Budget 2026 due to the “significant risk” of job losses caused by Donald Trump’s tariffs.
One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...
The US debt has surpassed $37 trillion, yet markets remain calm. Trump's new tax bill adds fuel to a growing crisis investors ...
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
Colorado legislators are considering a special session to cover a budget hole to the tune of hundreds of millions of dollars ...
The GOP deficit hawk is dead, after promising for years to rein in the country’s spiraling debt and deficits, but then voting last week to do the opposite.