Jeff Schmid seemed confident these large fiscal deficits would not be ultimately inflationary long-term because the Fed will ...
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...
James Madison called public debt “a public curse.” We're currently cursed to the tune of $35.9 trillion and counting. Who's ...
The winner of the presidential election and majorities in Congress will face several looming fiscal deadlines for the ...
The U.S. government had a monthly budget deficit of $257 billion in October ... investors are already bracing for plans that could add greatly to the U.S. debt load. Yields on the 10-year Treasury ...
WASHINGTON (Reuters) - Donald Trump's former Treasury secretary, Steven Mnuchin, said he will not seek to join the ...
The U.S. Department of the Treasury recently released its final Monthly Treasury Statement for Fiscal Year (FY) 2024, showing ...
When you ask a politician, regardless of political party, why they do not campaign for policies to reduce the national debt, ...
Surging debt levels could cause the next financial crisis if left unchecked, Bair warned. Bair, who chaired the FDIC during ...
The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...