#national-debt

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#fiscal-policy

The US National Debt and the President Who Grew It by 722%

Mismanagement of taxpayer funds by federal agencies contributes significantly to the national debt, emphasizing the need for better budget tracking.

UK borrowing for September third highest on record

UK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.

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 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.

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.

New French PM Barnier vows spending cuts to reduce deficit DW 10/01/2024

Michel Barnier plans to reduce France's budget deficit to 5% of GDP by 2025, focusing on spending cuts and higher taxes.

The US National Debt and the President Who Grew It by 722%

Mismanagement of taxpayer funds by federal agencies contributes significantly to the national debt, emphasizing the need for better budget tracking.

UK borrowing for September third highest on record

UK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.

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 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.

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.

New French PM Barnier vows spending cuts to reduce deficit DW 10/01/2024

Michel Barnier plans to reduce France's budget deficit to 5% of GDP by 2025, focusing on spending cuts and higher taxes.
morefiscal-policy
#us-economy

This US President Increased the National Debt by Over 700%

The U.S. national debt is unprecedented and unsustainable, driven by a mismatch between revenue and spending, growing faster than the economy.

This Foreign Country Holds More US Debt Than Any Other - and It's Not China

The U.S. national debt exceeds $35 trillion, heavily driven by defense spending, social programs, and accrued interest.

This US President Increased the National Debt by Over 700%

The U.S. national debt is at an unprecedented and unsustainable level, with 2024 marking a critical financial tipping point.

Elon Sounds the Alarm

Elon Musk highlights the alarming growth of U.S. national debt and advocates for urgent attention to this financial crisis.

An American Sovereign Wealth Fund? Easier Said Than Done.

A bipartisan discussion on creating a U.S. sovereign wealth fund has emerged, sparking interest in national investments despite challenges.

Fact check: Is Biden or Trump better for the US economy? DW 04/06/2024

The majority of US voters have more faith in Trump than Biden on the economy.
The US has not experienced an economic boom under either Trump or Biden.

This US President Increased the National Debt by Over 700%

The U.S. national debt is unprecedented and unsustainable, driven by a mismatch between revenue and spending, growing faster than the economy.

This Foreign Country Holds More US Debt Than Any Other - and It's Not China

The U.S. national debt exceeds $35 trillion, heavily driven by defense spending, social programs, and accrued interest.

This US President Increased the National Debt by Over 700%

The U.S. national debt is at an unprecedented and unsustainable level, with 2024 marking a critical financial tipping point.

Elon Sounds the Alarm

Elon Musk highlights the alarming growth of U.S. national debt and advocates for urgent attention to this financial crisis.

An American Sovereign Wealth Fund? Easier Said Than Done.

A bipartisan discussion on creating a U.S. sovereign wealth fund has emerged, sparking interest in national investments despite challenges.

Fact check: Is Biden or Trump better for the US economy? DW 04/06/2024

The majority of US voters have more faith in Trump than Biden on the economy.
The US has not experienced an economic boom under either Trump or Biden.
moreus-economy

Alarms Are Sounding in the Bond Markets Ahead of the Election

The growing national debt poses a significant risk to U.S. global influence and economic stability.
#economic-policy
from 24/7 Wall St.
2 weeks ago
Business

Under This US President, National Debt Exploded by Over 700%

Only two presidents since 1901 reduced the national debt; all others faced higher borrowing costs.

BofA CEO says U.S. economy is the envy of the world-but could lose its power due to national debt

The U.S. national debt has surpassed $35.7 trillion, requiring urgent attention to spending and debt management.

Trump Rages at Bloomberg EIC When Confronted Over Plan to Explode US Debt: You've Been Wrong All Your Life!'

Micklethwait questioned Trump's economic policies, emphasizing concerns around national debt and the dollar's reserve currency status.

New Analysis Suggests National Debt Could Increase Under Harris, But Would Surge Under Trump

Projected economic plans by Kamala Harris and Donald Trump could lead to significantly higher national deficits over the next decade.

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic plans could add $15 trillion to debt and increase costs for most Americans.

Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis says

Both Harris and Trump's economic plans could significantly deep the national debt, posing a severe fiscal challenge to the winner of the 2024 election.

Under This US President, National Debt Exploded by Over 700%

Only two presidents since 1901 reduced the national debt; all others faced higher borrowing costs.

BofA CEO says U.S. economy is the envy of the world-but could lose its power due to national debt

The U.S. national debt has surpassed $35.7 trillion, requiring urgent attention to spending and debt management.

Trump Rages at Bloomberg EIC When Confronted Over Plan to Explode US Debt: You've Been Wrong All Your Life!'

Micklethwait questioned Trump's economic policies, emphasizing concerns around national debt and the dollar's reserve currency status.

New Analysis Suggests National Debt Could Increase Under Harris, But Would Surge Under Trump

Projected economic plans by Kamala Harris and Donald Trump could lead to significantly higher national deficits over the next decade.

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic plans could add $15 trillion to debt and increase costs for most Americans.

Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis says

Both Harris and Trump's economic plans could significantly deep the national debt, posing a severe fiscal challenge to the winner of the 2024 election.
moreeconomic-policy
#donald-trump

Trump Says He Was Hoodwinked' Into Fiery Interview with Bloomberg's John Micklethwait: Wasn't Happy About It'

Trump felt he was misled about the nature of his interview at the Economic Club, expecting a speech instead.
Despite initial frustration, Trump ultimately praised the interview as a valuable engagement.

The national debt might increase under Harris but would explode under Trump, new analysis says

Projected higher deficits under both Kamala Harris and Donald Trump's economic plans could result in significant increases in national debt over the next decade.

Trump economic plan could add $7.5 trillion to national debt: analysis

Projected deficits from Harris and Trump could impact national debt significantly, with Harris adding $3.5 trillion and Trump potentially $15.2 trillion over ten years.

What would happen to the U.S. debt under a Harris or Trump presidency? Here's what a new report reveals

Harris and Trump's economic plans are projected to significantly increase national debt, raising concerns about fiscal responsibility.

National debt would increase under Harris's plans and would surge under Trump's, budget watchdog says

Both Kamala Harris and Donald Trump's economic plans are projected to increase national debt significantly over the next decade.
Harris' plan may add $3.5 trillion to national debt, while Trump's could add $7.5 trillion to $15.2 trillion.

Trump Blames Covid for Adding to Country's Debt, Completely Dodges When He's Informed Money Spent Well Before Pandemic

Trump deflected criticism about national debt increase by blaming Covid, despite most added debt occurring before the pandemic.

Trump Says He Was Hoodwinked' Into Fiery Interview with Bloomberg's John Micklethwait: Wasn't Happy About It'

Trump felt he was misled about the nature of his interview at the Economic Club, expecting a speech instead.
Despite initial frustration, Trump ultimately praised the interview as a valuable engagement.

The national debt might increase under Harris but would explode under Trump, new analysis says

Projected higher deficits under both Kamala Harris and Donald Trump's economic plans could result in significant increases in national debt over the next decade.

Trump economic plan could add $7.5 trillion to national debt: analysis

Projected deficits from Harris and Trump could impact national debt significantly, with Harris adding $3.5 trillion and Trump potentially $15.2 trillion over ten years.

What would happen to the U.S. debt under a Harris or Trump presidency? Here's what a new report reveals

Harris and Trump's economic plans are projected to significantly increase national debt, raising concerns about fiscal responsibility.

National debt would increase under Harris's plans and would surge under Trump's, budget watchdog says

Both Kamala Harris and Donald Trump's economic plans are projected to increase national debt significantly over the next decade.
Harris' plan may add $3.5 trillion to national debt, while Trump's could add $7.5 trillion to $15.2 trillion.

Trump Blames Covid for Adding to Country's Debt, Completely Dodges When He's Informed Money Spent Well Before Pandemic

Trump deflected criticism about national debt increase by blaming Covid, despite most added debt occurring before the pandemic.
moredonald-trump
#economic-growth

Government borrowing in August highest since Covid

Government borrowing reached its highest level for August since the Covid pandemic, driven by increased spending outpacing tax revenue.

Biden's record is good but voters don't feel it. Character, not policy, is key to victory | Robert Reich

Americans are incorrectly pessimistic about the economy, despite significant evidence of growth and improvement under President Biden.

Larry Fink says America's $35 trillion national debt will be a 'big burden on the backs of our children' unless the private sector is given room to grow

America's national debt nearing $35 trillion raises concerns among CEOs, emphasizing the need for the economy to sustain growth and manage deficits to prevent passing a financial burden to future generations.

Government borrowing in August highest since Covid

Government borrowing reached its highest level for August since the Covid pandemic, driven by increased spending outpacing tax revenue.

Biden's record is good but voters don't feel it. Character, not policy, is key to victory | Robert Reich

Americans are incorrectly pessimistic about the economy, despite significant evidence of growth and improvement under President Biden.

Larry Fink says America's $35 trillion national debt will be a 'big burden on the backs of our children' unless the private sector is given room to grow

America's national debt nearing $35 trillion raises concerns among CEOs, emphasizing the need for the economy to sustain growth and manage deficits to prevent passing a financial burden to future generations.
moreeconomic-growth

Opinion | Higher Taxes Are on the Horizon. Don't Let Them Spoil Your Retirement.

Roth I.R.A.s may protect from future tax increases, crucial in light of rising federal budget deficits and potential tax reforms.
#uk-economy

UK's looming debt crisis, how it will impact your finances? - London Business News | Londonlovesbusiness.com

UK's national debt projected to triple in 50 years poses severe economic challenges.
Demographic changes and climate transition costs will strain public finances significantly.

Can UK avoid national debt almost tripling over next 50 years?

The UK's national debt is expected to rise dramatically, reaching 274% of GDP by the mid-2070s, posing severe budgetary challenges for future governments.

UK government debt highest since 1962

UK's national debt at highest level since 1962, reaching 99.5% of the economy in June amid higher-than-expected borrowing, posing challenges for the new Chancellor in managing public finances.

UK's looming debt crisis, how it will impact your finances? - London Business News | Londonlovesbusiness.com

UK's national debt projected to triple in 50 years poses severe economic challenges.
Demographic changes and climate transition costs will strain public finances significantly.

Can UK avoid national debt almost tripling over next 50 years?

The UK's national debt is expected to rise dramatically, reaching 274% of GDP by the mid-2070s, posing severe budgetary challenges for future governments.

UK government debt highest since 1962

UK's national debt at highest level since 1962, reaching 99.5% of the economy in June amid higher-than-expected borrowing, posing challenges for the new Chancellor in managing public finances.
moreuk-economy

How One Republican Senator Got the Idea the Great Depression Was an Inside Job

Sen. Ron Johnson's controversial claim that the Great Depression was 'pretty well planned' highlights a troubling trend in political rhetoric.
#tax-reform

Jamie Dimon has now been floated for a Treasury role by both parties

Kamala Harris is considering Jamie Dimon for a Treasury position, emphasizing the need for economic growth and fair taxation.

Biden Short-Circuits in Debate and Declares, We Finally Beat Medicare'

President Biden stumbled discussing national debt & tax reform during debate with former President Trump.

Jamie Dimon has now been floated for a Treasury role by both parties

Kamala Harris is considering Jamie Dimon for a Treasury position, emphasizing the need for economic growth and fair taxation.

Biden Short-Circuits in Debate and Declares, We Finally Beat Medicare'

President Biden stumbled discussing national debt & tax reform during debate with former President Trump.
moretax-reform

The Biden Administration Is Setting Money on Fire, Here's Where It's Going to Waste

Federal agencies wasted nearly $785 billion on improper payments over the past five years, presenting an opportunity for improved fiscal management.

This Is What Caused the National Debt to Increase $8.2 Trillion Under Trump

Trump's presidency significantly increased the national debt, leading to major economic implications.

Trump Says He Wants to Cut Taxes. Harris's Plan Mirrors Biden's.

Trump's tax cut promises could add $4 trillion to national debt, while Harris plans to reduce deficit by $3 trillion by raising taxes on corporations and high earners.
#government-spending

This Progressive Democrat President Inflated the National Debt a Whopping 722%

Debt accumulation often results from poor budget tracking, leading to significant national debt levels

U.S. National Debt Tops $35 Trillion for First Time

America's gross national debt has surpassed $35 trillion, highlighting the nation's fiscal challenges amid escalating spending.

This Progressive Democrat President Inflated the National Debt a Whopping 722%

Debt accumulation often results from poor budget tracking, leading to significant national debt levels

U.S. National Debt Tops $35 Trillion for First Time

America's gross national debt has surpassed $35 trillion, highlighting the nation's fiscal challenges amid escalating spending.
moregovernment-spending

Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin

Senator Cynthia Lummis plans to introduce legislation for the US government to accumulate 1 million Bitcoin as a strategic reserve asset, aiming to fortify the dollar.

Beware risks of voter giveaways to public finances, countries facing elections told

The IMF warns against pre-election voter giveaways to avoid risks to public finances.

The Conservatives' economic record since 2010 in 10 charts

Jeremy Hunt aims to boost Conservative popularity before the general election with tax cuts.
Tories have faced criticism over their management of the economy since 2010, with rising national debt and NHS challenges.

Inside Conservatives' Effort to Filibuster Ukraine Aid

Conservative senators are filibustering efforts to pass Ukraine aid through the Senate.
Their motivations include concerns over impeachment and prioritizing domestic issues over foreign aid.

U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

The United States is projected to add nearly $19 trillion to its national debt over the next decade due to factors like an aging population and higher interest expenses.
Legislation to curb federal spending and a growing economy are helping to reduce the projected annual deficits over the next decade.

The Math Is the Math': CNN's John Berman Calls Out Byron Donalds On Debt Numbers Under Biden and Trump

Rep. Byron Donalds seems to overlook the significant role Donald Trump played in the national debt during his term as president.
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