Under Biden, National Debt Grew by $5 Trillion - Still Less Than Recent Presidents
America's national debt has surpassed $35 trillion, with recent increases from Biden, Obama, and Trump prompting calls for accountability in fiscal management.
The US National Debt and the President Who Grew It by 722%
Mismanagement of the budget and spending leads to increasing national debt, impacting essential services and government flexibility during crises.
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
Trump seeks to solidify conservative economic leadership by nominating key figures focused on reducing the national debt and dismantling government excess.
U.S. Budget Deficit Rises to $1.8 Trillion in 2024
The U.S. federal budget deficit reached $1.8 trillion in 2024, indicating ongoing fiscal challenges despite economic growth.
The US National Debt Is Surging - but Where Exactly Is That Money Going?
The U.S. national debt exceeds $35 trillion, presenting major fiscal challenges influenced by aging demographics and rising healthcare costs.
Budget plan to spend billions more won't stop tax rises
Chancellor Rachel Reeves plans to revise debt measurement rules to enable increased investment spending in the upcoming Budget.
Under Biden, National Debt Grew by $5 Trillion - Still Less Than Recent Presidents
America's national debt has surpassed $35 trillion, with recent increases from Biden, Obama, and Trump prompting calls for accountability in fiscal management.
The US National Debt and the President Who Grew It by 722%
Mismanagement of the budget and spending leads to increasing national debt, impacting essential services and government flexibility during crises.
Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor
Trump seeks to solidify conservative economic leadership by nominating key figures focused on reducing the national debt and dismantling government excess.
U.S. Budget Deficit Rises to $1.8 Trillion in 2024
The U.S. federal budget deficit reached $1.8 trillion in 2024, indicating ongoing fiscal challenges despite economic growth.
The US National Debt Is Surging - but Where Exactly Is That Money Going?
The U.S. national debt exceeds $35 trillion, presenting major fiscal challenges influenced by aging demographics and rising healthcare costs.
Budget plan to spend billions more won't stop tax rises
Chancellor Rachel Reeves plans to revise debt measurement rules to enable increased investment spending in the upcoming Budget.
China announces stimulus plan to revive economic growth DW 10/12/2024
China aims to revive its economy by issuing 2.3 trillion yuan in bonds, marking its largest stimulus since the 2008 financial crisis.
The Guardian view on tax and spend politics: dodging debate by fiddling with fiscal rules | Editorial
Rachel Reeves faces intense backlash over her upcoming budget, struggling to articulate her fiscal policies amid pressures for tax increases or cuts.
Rail, water, energy: the big projects likely to be in Rachel Reeves' budget
Rachel Reeves is prioritizing new infrastructure and fiscal reforms over previously shelved projects to boost the UK economy and support sustainability.
Trump's Treasury pick could butt heads with Trump on tariffs and immigration
Bessent's pro-market strategies will significantly influence the U.S. economy and fiscal policies in the coming years.
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
The US debt is nearing a tipping point potentially in 2025-2026, raising concerns about investor confidence.
Trump Says Growth' and Tariffs Will Pay for $15 Trillion Agenda
Trump's new tax cuts raise concerns over their impact on national debt while he insists on economic growth as a solution.
China announces stimulus plan to revive economic growth DW 10/12/2024
China aims to revive its economy by issuing 2.3 trillion yuan in bonds, marking its largest stimulus since the 2008 financial crisis.
The Guardian view on tax and spend politics: dodging debate by fiddling with fiscal rules | Editorial
Rachel Reeves faces intense backlash over her upcoming budget, struggling to articulate her fiscal policies amid pressures for tax increases or cuts.
Rail, water, energy: the big projects likely to be in Rachel Reeves' budget
Rachel Reeves is prioritizing new infrastructure and fiscal reforms over previously shelved projects to boost the UK economy and support sustainability.
Trump's Treasury pick could butt heads with Trump on tariffs and immigration
Bessent's pro-market strategies will significantly influence the U.S. economy and fiscal policies in the coming years.
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
The US debt is nearing a tipping point potentially in 2025-2026, raising concerns about investor confidence.
Trump Says Growth' and Tariffs Will Pay for $15 Trillion Agenda
Trump's new tax cuts raise concerns over their impact on national debt while he insists on economic growth as a solution.
UK bond market in turmoil as budget changes calculus of interest rates
UK borrowing costs are rising following Chancellor Rachel Reeves's proposal for increased government borrowing of £32bn, impacting bond market yields significantly.
US Treasury pick Bessent 'is a fiscal hawk': Wall Street reacts
Scott Bessent's nomination as US Treasury Secretary signals potential changes in fiscal policy affecting the bond market and broader economy.
Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?
Government borrowing costs have increased ahead of the Labour budget, prompting investor concerns about potential excessive borrowing.
UK bond market in turmoil as budget changes calculus of interest rates
UK borrowing costs are rising following Chancellor Rachel Reeves's proposal for increased government borrowing of £32bn, impacting bond market yields significantly.
US Treasury pick Bessent 'is a fiscal hawk': Wall Street reacts
Scott Bessent's nomination as US Treasury Secretary signals potential changes in fiscal policy affecting the bond market and broader economy.
Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?
Government borrowing costs have increased ahead of the Labour budget, prompting investor concerns about potential excessive borrowing.
Labour MPs urge Reeves to spend tens of billions more on ailing public services
Labour MPs urge Rachel Reeves to increase spending on public services and reconsider fiscal rules to boost investment and growth.
Fact check: Would a employer national insurance hike be a tax on working people'?
Labour may raise employer NICs despite a manifesto pledge not to raise taxes on working people, amidst a £22 billion fiscal challenge.
Labour's economic success lies in reshaping the doom-laden Treasury mindset | Richard Partington
Labour's government was confronted with alarming fiscal challenges which it initially used to justify a stance of fiscal restraint.
It's all doom, gloom and fiscal fixation. Is this really a Labour government? | William Keegan
Eton's education may cultivate winners but not effective rulers, as demonstrated by recent political misjudgments by Cameron and Johnson.
What is non-dom tax status and is Labour still going to change it?
Labour's non-dom tax policy may raise less revenue than expected due to potential emigration of wealthy individuals.
Experts express skepticism about Labour's financial projections for the non-dom policy.
Rachel Reeves may have to find more money to fix public services, says IFS
Rachel Reeves may struggle to secure ongoing funding for public services following her initial budget proposals, which are deemed insufficient by the IFS.
Labour MPs urge Reeves to spend tens of billions more on ailing public services
Labour MPs urge Rachel Reeves to increase spending on public services and reconsider fiscal rules to boost investment and growth.
Fact check: Would a employer national insurance hike be a tax on working people'?
Labour may raise employer NICs despite a manifesto pledge not to raise taxes on working people, amidst a £22 billion fiscal challenge.
Labour's economic success lies in reshaping the doom-laden Treasury mindset | Richard Partington
Labour's government was confronted with alarming fiscal challenges which it initially used to justify a stance of fiscal restraint.
It's all doom, gloom and fiscal fixation. Is this really a Labour government? | William Keegan
Eton's education may cultivate winners but not effective rulers, as demonstrated by recent political misjudgments by Cameron and Johnson.
What is non-dom tax status and is Labour still going to change it?
Labour's non-dom tax policy may raise less revenue than expected due to potential emigration of wealthy individuals.
Experts express skepticism about Labour's financial projections for the non-dom policy.
Rachel Reeves may have to find more money to fix public services, says IFS
Rachel Reeves may struggle to secure ongoing funding for public services following her initial budget proposals, which are deemed insufficient by the IFS.
October budget 2024 predictions: what Rachel Reeves could announce
Tax hikes are necessary for restoring fiscal stability, according to Chancellor Reeves.
UK business confidence dips to lowest level since general election
UK business confidence has fallen to its lowest level since the general election, reflecting a growing pessimism about the economic outlook.
The Starmer story so far: what has Labour done in its first 100 days?
Labour's first 100 days highlight significant fiscal challenges, immediate policy shifts, and a commitment to green infrastructure despite past government legacies.
Costly communications: How Labour's comms strategy backfired - London Business News | Londonlovesbusiness.com
The Labour government faces internal and external communication challenges, complicating its budget strategy and political standing.
October budget 2024 predictions: what Rachel Reeves could announce
Tax hikes are necessary for restoring fiscal stability, according to Chancellor Reeves.
UK business confidence dips to lowest level since general election
UK business confidence has fallen to its lowest level since the general election, reflecting a growing pessimism about the economic outlook.
The Starmer story so far: what has Labour done in its first 100 days?
Labour's first 100 days highlight significant fiscal challenges, immediate policy shifts, and a commitment to green infrastructure despite past government legacies.
Costly communications: How Labour's comms strategy backfired - London Business News | Londonlovesbusiness.com
The Labour government faces internal and external communication challenges, complicating its budget strategy and political standing.
NatWest urges Reeves to get balance right' when changing debt rules
Rachel Reeves must carefully consider the market's response to changes in Britain's debt rules to avoid adverse effects on borrowing and mortgage rates.
Inheritance tax increases expected in Budget
The government plans to increase inheritance tax to address a £40 billion fiscal shortfall.
The Chancellor 'will raise 900 million' by 'doubling remote gambiling duty to 42%' - London Business News | Londonlovesbusiness.com
The report advocates for doubling the Remote Gaming Duty from 21% to 42% to generate significant revenue and address gambling-related harm.
Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement
Bitcoin rebounded to $63,000 after investors overlooked inflation concerns, focusing on upcoming fiscal policy updates from China.
French government faces first major test over deep budget cuts
The new French government must navigate a challenging budget proposal amid political tension, market pressure, and potential opposition to avoid a no-confidence motion.
A50 bulls make a comeback - London Business News | Londonlovesbusiness.com
A50 shows potential for rebound depending on fiscal updates from the Ministry of Finance and NPC meetings.
Market optimism is currently under pressure due to unclear stimulus measures.
Volatility ahead for Mexican equities - London Business News | Londonlovesbusiness.com
Claudia Sheinbaum's inauguration presents both opportunities and challenges for Mexican markets, hinging on her fiscal policies and external U.S. relations.
Investors fear repeat of Truss era market chaos as UK Budget looms - London Business News | Londonlovesbusiness.com
Concerns rise over the upcoming UK Budget's potential to disrupt markets, reminiscent of the turmoil following Liz Truss's mini-budget.
Volatility ahead for Mexican equities - London Business News | Londonlovesbusiness.com
Claudia Sheinbaum's inauguration presents both opportunities and challenges for Mexican markets, hinging on her fiscal policies and external U.S. relations.
Investors fear repeat of Truss era market chaos as UK Budget looms - London Business News | Londonlovesbusiness.com
Concerns rise over the upcoming UK Budget's potential to disrupt markets, reminiscent of the turmoil following Liz Truss's mini-budget.