Debt held by the public hit 100% of gross domestic product for the fiscal year that ended Sept. 30. The Wall Street Journal reported Thursday that this is the first time the ratio has reached triple digits since 1946. Harry… Market Pulse desk.
On Thursday’s broadcast of MS NOW’s “The Weeknight,” House Minority Whip Katherine Clark (D-MA) said that Republicans aren’t going after “people who aren’t paying what they could afford to pay in their taxes, but people who took out student loans…
And they blame the other side. It would be nice to think this is just because the two parties want to cut spending but are too stubborn to compromise. I don't believe that anymore. The problem runs deeper than any…
Billionaire Ken Griffin said Republicans in Congress and President Donald Trump made a mistake by cutting taxes even further last year. After the U.S. government's heavy spending during the pandemic "we didn't have the fiscal space to renew the tax cuts,…
David Frum: “The budget deficit for the fiscal year that ended on September 30 is about $2 trillion, or about $160 billion more than in Joe Biden’s last complete year as president. Next year’s deficit is likely to be even bigger. When Trump…
thread link is a min or so yt short Posted by Corky at 11:31 AM | 18 COMMENTS | permalink | Comment on This Entry | James Talarico: We are often told that the only way to tackle the deficit or the debt is on the…
WASHINGTON, D.C. – Today, U.S. Senator Rick Scott called on Congress to cut spending and address America’s $40 trillion national debt in the latest installment of his “Rescuing America” project. In the video, Senator Scott calls for both Democrats and Republicans to cut…
Home » International » US Congressman Ro Khanna sits on $16.9 million war chest after third-quarter filing Posted By: Gopi October 15, 2026 Khanna, a California Democrat who represents the 17th district, raised $1.48 million and spent $1.47 million between July and September, his campaign committee, Ro for…
RealClearMarkets A Twelve-Step Plan For All the 'Spendaholics' In Congress
Most Americans could use an extra $5,000. President Trump is dangling that amount to Americans if Republicans are able to maintain control of the House and Senate. The estimated cost of such a payout would be over $1 trillion. Our President is…
The national debt and deficits: the debt limit, CBO deficit projections, interest costs, credit ratings and Republicans' arguments over cutting spending.
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