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Budget Deficit

Page 5 of 8
Pedestrians walk past a bus shelter
Finance
U.S. debt is so massive, interest costs alone are now $3 billion a day
By Jason MaSeptember 7, 2024
Donald Trump speaks into microphone
Politics
Trump says economic growth would cover $4.6 trillion price tag for tax cuts
By Sarah McGregor, Maria Paula Mijares Torres and BloombergAugust 24, 2024
US government check
Finance
U.S. debt interest costs are about to blow past $1 trillion this fiscal year
By Viktoria Dendrinou and BloombergAugust 12, 2024
US Treasury payment check
Finance
The U.S. deficit is nearly as big as Russia’s economy, and there’s a ‘vicious’ feedback loop that could make it worse
By Jason MaJune 30, 2024
Foreign currency bank notes
Finance
Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’
By Bastian Benrath and BloombergJune 30, 2024
Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit
Finance
Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit
By Will DanielJune 25, 2024
California Democrats agree to delay minimum wage hike for health care workers, who will eventually get $25 per hour
Politics
California Democrats agree to delay minimum wage hike for health care workers, who will eventually get $25 per hour
By Adam Beam and The Associated PressJune 22, 2024
U.S. Capitol dome against backdrop of dollars
Finance
Remember, the U.S. doesn’t have to pay off all its debt, and there’s an easy way to stabilize it, Nobel laureate Paul Krugman says
By Jason MaJune 8, 2024
Treasury Secretary Janet Yellen stands at podium
Finance
Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control
By Viktoria Dendrinou, Christopher Condon and BloombergMay 25, 2024
JPMorgan Chase CEO Jamie Dimon urged the U.S. once again to reduce its national deficit, warning it will become “far more uncomfortable” if financial markets force the government’s hand.
Finance
Jamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’
By Sunny NagpaulMay 17, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
By Sunny NagpaulMay 1, 2024
French President Emmanuel Macron (R) and JP Morgan CEO Jamie Dimon (L) react during the inauguration of the new French headquarters of US' JP Morgan bank on June 29, 2021 in Paris.
Finance
U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’ about money?
By Ryan HoggApril 26, 2024
Jerome Powell
Finance
After Jerome Powell warns of ‘unsustainable’ $34 trillion national debt ‘growing faster than the economy,’ CBO projects record 116% of GDP by 2034
By Fatima Hussein, Josh Boak and The Associated PressFebruary 8, 2024
Legendary investor Paul Tudor Jones says a ‘debt bomb’ is about to go off in the U.S. ‘We’re fast-pouring consumption like crazy’
Finance
Legendary investor Paul Tudor Jones says a ‘debt bomb’ is about to go off in the U.S. ‘We’re fast-pouring consumption like crazy’
By Marco Quiroz-GutierrezFebruary 7, 2024
Goldman’s strategy guru says we’ve begun a rocky ‘post-modern’ cycle in the world economy—and AI could save the day from raging conflict, higher rates, and surging deficits
Finance
Goldman’s strategy guru says we’ve begun a rocky ‘post-modern’ cycle in the world economy—and AI could save the day from raging conflict, higher rates, and surging deficits
By Will DanielFebruary 6, 2024
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