The nation’s debt now tops $38 trillion. It’s an unfathomable amount of money, so consider this: Every citizen’s share of that debt is more than $110,000. If you look only at taxpayers, the amount is ...
Promising tax cuts without offsetting spending cuts is politically painless so long as constituents believe they “pay for ...
As we mentioned in our recent Midyear 2025 Outlook: Pragmatic Optimism, Measured Expectations, we expect bond market action to continue to swing between concerns over slowing economic data (lower ...
Could the wealth of America’s richest billionaires erase student debt? See how their net worth compares to the nation’s ...
A debt spiral is like a death spiral” claims Nassim Nicholas Taleb, and it will require “a miracle” for America to extricate ...
On the debt growing from $7 trillion to $38 trillion in just five years, Solomon said "it doesn't seem like we have the ...
With the enactment of the One Big Beautiful Bill pushing America's debt-to-GDP ratio further into dangerous territory, a sudden political pivot towards fiscal discipline seems unlikely. Policy-makers ...
The $29 trillion federal debt held by the public is becoming an increasingly local problem. Washington's fiscal challenges have led to increased borrowing costs as well as reduced federal aid to ...
Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.