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On May 16, 2025, Moody’s lowered the US’ credit rating from Aaa to Aa1, prompting further concern about the national debt. Moody’s lowered its rating because the national debt rapidly expanded due to ...

The free-trade era is over. U.S. President Donald Trump's tariff letters show that tariffs - to protect domestic industries and to raise revenue for a deeply indebted government - are the way forward.

The “big beautiful bill,” Musk wrote, is a “disgusting abomination. Shame on those who voted for it. You know you did wrong.

Two decades after a GOP vice president declared that deficits don’t matter, Trump and his party are going all out to test ...

Austin's city manager on Friday released his proposed budget for next year. Questions still loom over whether city leaders ...

"I, like many other longtime doves, am joining the hawks, because our nation’s budget math just got a lot more dangerous." ...

The US federal budget deficit grew between October and June compared to the same period last year, despite the increase in tariff revenues, according ...

The Trump administration is unlikely to follow the most important parts of this advice. But the math is undeniable.

Republicans made little attempt to justify this failed attempt at fiscal responsibility, choosing instead to pander to Trump.

There are 341 million people in America. Each American man, woman and child’s federal government debt share is $105,571 and ...

The Budgetary Space Study Group (Studiegroep Begrotingsruimte) has advised the Dutch government to implement 7 billion euros in spending cuts by 2030 to stabilize public debt, as costs related to an ...