National debt

America could run out of cash to pay its bills as early as this summer

America could run out of cash to pay its bills as early as this summer

Micheal

WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when ...

Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending

Government deficit rose 4% in Trump’s first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending

Micheal

While the government did cut its outlays in February the budget deficit for the month more than doubled compared to ...

If you think the current outlook is bad, just wait until the White House can’t find anyone to buy its debt, warns Ray Dalio

If you think the current outlook is bad, just wait until the White House can’t find anyone to buy its debt, warns Ray Dalio

Micheal

Ray Dalio warned the White House may have to exert further political pressure on foreign governments in order to deal ...

President Trump say U.S. can pay off $36 trillion debt by selling wealthy immigrants $5 million ‘gold card’ visas and eventual citizenship

President Trump say U.S. can pay off $36 trillion debt by selling wealthy immigrants $5 million ‘gold card’ visas and eventual citizenship

Micheal

Details of President Trump’s “gold card” visa program are still being finalized, but the proceeds are already earmarked to help ...

Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit

Billionaire Ray Dalio warns America faces ‘economic heart attack’ if it doesn’t radically reduce U.S. fiscal deficit

Micheal

The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, ...

House Republicans join Elon Musk’s DOGE crusade to slash ‘stunning’ national debt

House Republicans join Elon Musk’s DOGE crusade to slash ‘stunning’ national debt

Micheal

U.S. Representative Marjorie Taylor-Greene, Republican from Georgia, attends a House Oversight Subcommittee on Delivering on Government Efficiency hearing on “The ...

Trump says Musk’s DOGE ‘geniuses’ have found ‘very fraudulent stuff’

Trump says Musk’s DOGE ‘geniuses’ have found ‘very fraudulent stuff’

Micheal

Elon Musk believes some $1 billion is being spent on fraudulent Treasury payments, prompting President Trump to ask if this ...

Budget deficit rose in December and is now 40% higher than it was a year ago

Budget deficit rose in December and is now 40% higher than it was a year ago

Micheal

A view from the United States Department of the Treasury building in Washington DC, United States on December 30, 2024. ...

House speaker breaks with Trump over debt limit

House speaker breaks with Trump over debt limit

Micheal

WASHINGTON — With just hours to go before the federal government begins shutting down for lack of funds, House Republicans ...

Trump endorses House GOP deal to avert government shutdown

Trump endorses House GOP deal to avert government shutdown

Micheal

WASHINGTON — House Republicans agreed Thursday to a short-term federal funding deal that if approved would avert a government shutdown ...

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