In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

Billionaire investor Mark Cuban links America's soaring national debt to broken healthcare pricing and advocates for reform ...

A New Jersey school district facing a massive budget crisis this year will also have money problems for the remainder of the ...

Janet Yellen said the government's ballooning debt burden could reduce the Fed's ability to address unemployment and ...

Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

In a post on Truth Social, President Trump called for increasing the Fiscal Year (FY) 2027 defense budget to $1.5 trillion, rather than $1 trillion he said he previously wanted to propose. We ...

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

The Republican-led House of Representatives has passed its “One, Big, Beautiful Bill,” but before you dig into the more than 1,000-word tomb, it’s probably better to wait until the Senate puts its ...

Bond market stress is rising as debt maturities and refinancing costs surge, led by Japan and a 2026 U.S. refinancing ...

He argued deficit reduction reduces inflationary pressures on the economy. President Joe Biden on Wednesday said that the federal government will pay down the national debt this quarter for the first ...

Slower nominal GDP growth could ease pressure on the fiscal deficit this year, but India’s debt-to-GDP ratio may see slight ...