#state-loans

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#debt-management
Bootstrapping
fromFortune
3 hours ago

Debt management plan vs. debt relief | Fortune

Debt management plans and debt relief programs offer strategies for managing debt, with specific benefits and drawbacks for each option.
Bootstrapping
fromFortune
3 days ago

How to get out of debt: 9 proven strategies that actually work | Fortune

Identifying the causes of debt is essential for effective elimination strategies.
Bootstrapping
fromFortune
3 hours ago

Debt management plan vs. debt relief | Fortune

Debt management plans and debt relief programs offer strategies for managing debt, with specific benefits and drawbacks for each option.
Bootstrapping
fromFortune
3 days ago

How to get out of debt: 9 proven strategies that actually work | Fortune

Identifying the causes of debt is essential for effective elimination strategies.
#us-government
Washington DC
fromFortune
6 hours ago

'We have to be able to walk and chew gum' on government spending, says budget chairman, addressing both debt crisis and national security demands | Fortune

The U.S. government faces funding challenges for mandatory spending and military endeavors, with disagreements over DHS funding complicating the budget process.
US politics
fromFortune
3 weeks ago

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The U.S. government is insolvent, with liabilities far exceeding assets and significant unfunded obligations.
Washington DC
fromFortune
6 hours ago

'We have to be able to walk and chew gum' on government spending, says budget chairman, addressing both debt crisis and national security demands | Fortune

The U.S. government faces funding challenges for mandatory spending and military endeavors, with disagreements over DHS funding complicating the budget process.
US politics
fromFortune
3 weeks ago

The Treasury just declared the U.S. insolvent. The media missed it | Fortune

The U.S. government is insolvent, with liabilities far exceeding assets and significant unfunded obligations.
World news
fromwww.theguardian.com
1 hour ago

Reeves arrives at IMF with little leeway to prove its UK downgrade wrong

The Iran war significantly impacts the UK economy, leading to a forecasted growth downgrade and rising inflation and unemployment rates.
fromIrish Independent
8 hours ago

Government backs sale of PTSB for 1.6bn

"BAWAG and Permanent TSB Group Holdings plc (PTSB) have agreed today, with the support of the Minister for Finance of Ireland who holds approximately 57.5pc of the shares in PTSB, the terms of a cash offer by BAWAG which has been recommended by PTSB's board of directors."
UK politics
fromInside Higher Ed | Higher Education News, Events and Jobs
8 hours ago

Disabled Borrowers Sue Trump Admin. Over Denied Debt Relief

The Department of Education's failure to properly process discharge applications from vulnerable and sick borrowers is reprehensible. We are simply asking the Department to review their applications on the merits, as is their right.
NYC parents
#new-york-city
NYC politics
fromwww.amny.com
3 weeks ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
fromwww.amny.com
3 weeks ago
New York City

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City
fromStrongtowns
1 day ago

New York City and the Myth of a Balanced Budget | Strong Towns

New York City faces a significant budget gap despite its economic success, raising questions about the nature of the financial issues at hand.
NYC politics
fromwww.amny.com
3 weeks ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
New York City
fromwww.amny.com
3 weeks ago

NYC BUDGET: Another rating company issues negative financial outlook as City Hall grapples with big deficit | amNewYork

New York City's financial outlook was revised to negative by KBRA, following similar actions by Moody's and S&P, due to budget concerns.
Real estate
from24/7 Wall St.
21 hours ago

REM's 9.6% dividend yield faces a test as mortgage spreads narrow in 2026

iShares Mortgage Real Estate ETF offers a 9.22% dividend yield, focusing on mortgage REITs with a narrow interest rate spread.
from24/7 Wall St.
1 day ago

I've Always Paid with a Debit Card, But Is a Credit Card Better?

Using a credit card can help build better credit, earn rewards like frequent flyer miles, and take advantage of other benefits that debit cards do not offer.
Cryptocurrency
Digital life
fromScary Mommy
1 day ago

18 Genius (& Kind Of Unhinged) Ways Real People Are Paying Down Their Debt

Various unconventional strategies exist for paying down debt, including selling items, side hustles, and unique income-generating activities.
#supreme-court
European startups
fromFortune
2 days ago

'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans. | Fortune

The Supreme Court's ruling on tariffs may lead to $166 billion in refunds for U.S. importers, but many companies face financial struggles.
fromFortune
1 month ago
US politics

The 'alternative scenario' of an even bigger national debt disaster is in play after the Supreme Court ruled Trump's tariffs illegal | Fortune

European startups
fromFortune
2 days ago

'People are trying to be creative': Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans. | Fortune

The Supreme Court's ruling on tariffs may lead to $166 billion in refunds for U.S. importers, but many companies face financial struggles.
fromFortune
1 month ago
US politics

The 'alternative scenario' of an even bigger national debt disaster is in play after the Supreme Court ruled Trump's tariffs illegal | Fortune

#federal-reserve
Non-profit organizations
fromFortune
3 days ago

Fed seeks details on U.S. banks' exposure to private credit firms | Fortune

The Federal Reserve is investigating US banks' exposure to private credit due to rising redemptions and troubled loans in the industry.
Left-wing politics
fromHarvard Gazette
1 week ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
Non-profit organizations
fromFortune
3 days ago

Fed seeks details on U.S. banks' exposure to private credit firms | Fortune

The Federal Reserve is investigating US banks' exposure to private credit due to rising redemptions and troubled loans in the industry.
Left-wing politics
fromHarvard Gazette
1 week ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
San Francisco
fromPadailypost
5 days ago

Opinion: How to convince voters to raise taxes? Cry wolf

Bay Area leaders are using fear tactics to push for a half-cent sales tax increase for mass transit, framing it as a citizen initiative.
#us-national-debt
Retirement
fromFortune
5 days ago

U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined | Fortune

The U.S. national debt exceeds $39 trillion, with interest payments reaching $529 billion in the first half of the fiscal year.
fromFortune
2 months ago
US politics

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

Retirement
fromFortune
5 days ago

U.S. government is spending $88 billion a month in interest on national debt, equal to its spending on both defense and education combined | Fortune

The U.S. national debt exceeds $39 trillion, with interest payments reaching $529 billion in the first half of the fiscal year.
fromFortune
2 months ago
US politics

'Nothing short of self-sabotage': Watchdog warns about national debt setting new record in just 4 years | Fortune

fromPadailypost
4 days ago

Health care sales tax campaign under investigation

The FPPC wants to know if county government funds were used on Measure A campaign mailers, following complaints from the Silicon Valley Taxpayers Association and Libertarian Party of Santa Clara County.
SF politics
#higher-education
US politics
fromFortune
5 days ago

Why Trump's FY 2027 budget could be the document that triggers a debt crisis | Fortune

The U.S. government's budget for Fiscal Year 2027 presents a risky outlook with significant spending increases and unrealistic economic growth assumptions.
US Elections
fromFast Company
5 days ago

This overlooked tax detail could make today your real deadline

Tax returns mailed to the IRS must be postmarked by April 15, with potential delays due to USPS operations.
Boston
fromBoston.com
5 days ago

Wu releases $4.9 billion budget proposal amid 'difficult moment' for city's finances

Boston's proposed budget for fiscal year 2027 is $4.9 billion with a 2.1% spending increase, the smallest since 2009.
#student-loans
fromFortune
3 weeks ago
Higher education

Scott Bessent's Treasury Department will start overseeing the $180 billion of student loans that are in default | Fortune

Education
fromwww.npr.org
2 months ago

Millions of student loan borrowers aren't repaying their loans and defaults are up

Federal student loan defaults surged, with roughly a million entering default and nearly 10% of balances over 90 days past due.
Higher education
fromFast Company
2 months ago

Everything borrowers need to know about student loan repayment plans and collections

Federal student loan policy changes, including the end of the SAVE plan and paused collections, created uncertainty and left millions at risk of default while repayment details remain unresolved.
Higher education
fromwww.businessinsider.com
2 days ago

Trump's Treasury is taking over millions of student-loan accounts. Obama tried this, and it didn't succeed.

The federal student-loan portfolio is being transferred to the Treasury Department, raising challenges for borrowers, especially those in default.
Higher education
fromFortune
3 weeks ago

Scott Bessent's Treasury Department will start overseeing the $180 billion of student loans that are in default | Fortune

The U.S. Education Department is transferring management of student loans to the Treasury Department, marking a significant shift in federal student loan oversight.
#social-security
fromFortune
4 days ago
Retirement

The next generation of senators has a ticking time bomb in their lap: Social Security's insolvency, without a plan for national debt | Fortune

Social Security and Medicare face imminent funding crises, with deadlines for Congress to address these issues approaching rapidly.
from24/7 Wall St.
3 weeks ago
Higher education

Student Loan Garnishment of Social Security Is Still Looming. Here Is Where Things Stand Now.

Social Security garnishments for federal student loan defaults are paused until a new repayment plan launches in July 2026.
Retirement
fromFortune
4 days ago

The next generation of senators has a ticking time bomb in their lap: Social Security's insolvency, without a plan for national debt | Fortune

Social Security and Medicare face imminent funding crises, with deadlines for Congress to address these issues approaching rapidly.
Higher education
from24/7 Wall St.
3 weeks ago

Student Loan Garnishment of Social Security Is Still Looming. Here Is Where Things Stand Now.

Social Security garnishments for federal student loan defaults are paused until a new repayment plan launches in July 2026.
Business
from24/7 Wall St.
4 days ago

CLO equity stress test reveals the danger behind 22% yields

Oxford Square Capital Corp. faces risks to its high yield due to declining performance in its CLO equity investments.
Law
from24/7 Wall St.
1 week ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
#national-debt
fromFortune
6 days ago
US politics

U.S. had a national debt 'home run' in its grasp, says Jamie Dimon-the government did nothing with it, and now its best option is crisis management | Fortune

fromFortune
3 weeks ago
US politics

$39 trillion national debt is 'an embarrassing milestone,' think tank says. 'Clearly headed in the wrong direction' | Fortune

fromFortune
1 month ago
US politics

The national debt isn't $39 trillion. One economist says it's actually $100 trillion | Fortune

US politics
fromFortune
6 days ago

U.S. had a national debt 'home run' in its grasp, says Jamie Dimon-the government did nothing with it, and now its best option is crisis management | Fortune

The U.S. national debt exceeds $39 trillion, with interest payments surpassing $1 trillion annually, raising concerns about fiscal sustainability.
US politics
fromFortune
3 weeks ago

$39 trillion national debt is 'an embarrassing milestone,' think tank says. 'Clearly headed in the wrong direction' | Fortune

U.S. gross national debt exceeded $39 trillion in less than six months after reaching $38 trillion, reflecting decades of fiscal irresponsibility from both political parties with no meaningful reform efforts underway.
fromFortune
1 month ago
US politics

The national debt isn't $39 trillion. One economist says it's actually $100 trillion | Fortune

from24/7 Wall St.
1 week ago

The US Government Could End The Federal Gas Tax

The tax provides more than $23 billion per year in revenue for federal highway and public transit programs. The federal gas tax has been in place, in one way or another, since 1919 and was last raised in 1993.
Alternative transportation
fromwww.housingwire.com
2 weeks ago

Homeowner Assistance Fund backstopped vulnerable borrowers

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
SF real estate
fromHarvard Business Review
4 days ago

Limiting Your Exposure to the Private Credit Crisis

Both experts acknowledge the brewing trouble in the private credit sector, emphasizing that while risks are present, they do not believe a financial crisis is unavoidable.
Higher education
Retirement
fromFortune
4 days ago

'We owe it to the next generation' to get national debt under control, says think tank boss, as U.S. borrowing hits $1.2 trillion in just six months | Fortune

The U.S. government operated at a $1.17 trillion deficit in the first half of fiscal year 2026, raising concerns about public debt and economic growth.
Business
from24/7 Wall St.
1 week ago

Bonds are Taking a Hit. A Steadier Place to Diversify Further

Bond funds face challenges due to potential Fed rate hikes and escalating geopolitical tensions, impacting consumer inflation and investment strategies.
fromFortune
3 weeks ago

300 years of wars show they are 'always disaster times' for holders of government debt because of inflation and financial repression | Fortune

"The historical evidence reveals a striking pattern: government bonds have repeatedly generated substantial real losses during these extreme episodes. They have even underperformed equities and real estates which are traditionally regarded as risky assets."
World politics
fromInside Higher Ed | Higher Education News, Events and Jobs
3 weeks ago

ED Transfers Defaulted Loan Collection Duties to Treasury

With roughly nine million student borrowers in default, the Treasury Department will "assume operational responsibility for collecting" on those loans, the Education Department announced Thursday. The move is ED's latest effort to render itself obsolete as part of the Trump administration's plan to eliminate the department. This is the 10th interagency agreement it has signed to share with or spin off functions to other federal agencies.
Education
fromwww.npr.org
3 weeks ago

Federal student loans will move to Treasury, further shrinking Education Department

As the Federal student aid portfolio soars to nearly $1.7 trillion and with nearly a quarter of student loan borrowers in default, Americans know that the Department of Education has failed to effectively manage and deliver these critical programs. By leveraging Treasury's world-renowned expertise in finance and economic policy, we are confident that American students, borrowers, and taxpayers will finally have functioning programs after decades of mismanagement.
US news
fromwww.housingwire.com
4 weeks ago

How Public Financing Wins Projects Before You Build

Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
LA real estate
SF politics
fromFortune
3 weeks ago

The U.S. just hit $39 trillion in debt. Here's the constitutional fix that Congress won't touch | Fortune

The U.S. House failed to pass a Balanced Budget Amendment as federal debt surpasses $39 trillion, raising concerns about fiscal responsibility.
Europe news
fromFortune
1 month ago

U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns | Fortune

U.S. debt remains attractive to investors due to lack of better alternatives, but this may change as debt grows and other options emerge.
Real estate
fromwww.housingwire.com
4 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
US politics
fromFortune
3 weeks ago

It took 200 years for national debt to hit $1 trillion, annual interest alone now exceeds that-a 'crushing legacy we must reverse,' says budget chair | Fortune

The U.S. debt has surpassed $39 trillion, posing a significant threat to the nation's future and requiring urgent financial reform.
#national-debt-crisis
SF politics
fromFortune
4 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US politics
fromFortune
1 month ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
SF politics
fromFortune
4 weeks ago

America's $38 trillion debt crisis is already here. The reckoning comes next | Fortune

Despite strong economic indicators, the U.S. faces a critical fiscal crisis with national debt projected to reach 120% of GDP within a decade, requiring urgent bipartisan reform before gradual decline becomes sudden collapse.
US politics
fromFortune
1 month ago

America's never had such high national debt heading into an economic shock. We need a 'break glass' plan, think tank warns | Fortune

U.S. national debt now equals 100% of GDP, the highest since World War II, leaving the country severely unprepared for the next economic crisis with limited fiscal capacity to respond.
New York City
fromwww.amny.com
4 weeks ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
US politics
fromAxios
3 weeks ago

Washington ignores America's fiscal cliff

Recent policy developments are worsening the U.S. fiscal situation, with projected deficits and soaring public debt over the next decade.
fromFast Company
3 weeks ago

What happens to your student loans now that the SAVE plan is dead?

Under the SAVE plan, a borrower's monthly payment would be calculated based on income and family size and could be set as low as $0 per month for the lowest-earning borrowers.
Higher education
Business
fromFortune
4 weeks ago

A 'debt spiral,' before a fiscal crisis: interest on the national debt will be growing faster than GDP in just 5 years, think tank warns | Fortune

By 2031, U.S. federal debt interest rates will exceed economic growth rates, triggering a self-reinforcing debt spiral where deficits cause debt to grow indefinitely.
Online marketing
fromSocial Media Explorer
1 month ago

Balancing Credit Building with Credit Caution - Social Media Explorer

Build credit steadily and intentionally through consistent, responsible use rather than aggressive account opening, as time and payment history matter more than rapid activity.
Real estate
fromwww.housingwire.com
1 month ago

Is it time to bring banks back to the mortgage business?

Mortgage loan origination collapsed from 14.2 million in 2021 to under 5 million in 2023, with independent mortgage banks filling the gap while maintaining quality, yet regulators and industry leaders argue banks should re-engage to restore competition and customer relationships.
Business
fromFortune
4 weeks ago

U.S. debt is competing with a record supply of corporate bonds, which is pushing up the cost of federal borrowing just as war spending piles up | Fortune

Record corporate bond issuance driven by AI capital expenditure and geopolitical factors is increasing Treasury yields and raising borrowing costs for the federal government.
Intellectual property law
fromFortune
1 month ago

Finance leaders divided on using potential tariff refunds-just 18% would fully roll back price hikes | Fortune

Corporate executives remain divided on tariff refund strategies and are reluctant to reduce prices despite potential cost relief from Supreme Court rulings.
New York City
fromNew York City, NY Patch
1 month ago

Moody's Lowers NYC's Credit Outlook To Negative Due To Budget Gaps

Moody's downgraded New York City's credit outlook to negative due to structural budget imbalances and persistent projected deficits despite favorable economic conditions.
US Elections
fromFortune
1 month ago

The Treasury may need to borrow extra $1.6 trillion to cover the hole left by tariff ruling, says CBO-adding $400 billion in debt interest by 2036 | Fortune

Supreme Court ruled most 2025 tariffs illegal, eliminating $300 billion in annual Treasury revenue and increasing projected deficits by $2 trillion over a decade.
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
Real estate
fromwww.housingwire.com
1 month ago

Property tax, insurance accounts for 21% of mortgage payments

Taxes and insurance can comprise over one-third of monthly mortgage payments in many markets, significantly impacting affordability beyond the base loan cost.
US politics
fromFortune
1 month ago

The U.S. borrowed $50 billion a week for the past five months, finds the CBO: 'Our fiscal problems will not solve themselves' | Fortune

The U.S. Treasury added $1 trillion to the federal deficit in the first five months of fiscal year 2026, with monthly borrowing of $308 billion in February and interest payments reaching $433 billion through February.
Higher education
fromBusiness Insider
1 month ago

Millions of student-loan borrowers should double-check their bill amounts, watchdog says

Federal student-loan servicers lack oversight after staffing cuts eliminated monitoring of call quality and billing accuracy, risking borrower harm during major repayment system changes.
fromBusiness Insider
1 month ago

What's next for 7 million student-loan borrowers now that SAVE is over

In the coming weeks, the Department will issue clear guidance on next steps for borrowers enrolled in the illegal SAVE Plan, including details regarding how borrowers can move into a legal repayment plan. The Trump Administration will continue to realign the federal student loan portfolio to better serve students and taxpayers.
US politics
#fiscal-emergency
fromwww.bbc.com
2 months ago

County council facing 'effective bankruptcy'

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
UK politics
California
fromPadailypost
2 months ago

Opinion: State trying to tax residents who moved; Cubberley tax is dead; school unions demand far more than inflation rate

California tax authorities are pursuing former residents for residency proof, while Palo Alto tax proposals face likely voter rejection amid growing local tax fatigue.
from48 hills
1 month ago

The real story behind Muni's budget deficit - 48 hills

Despite some idealistic intentions, that framework is in fact what put Muni in the financial hole in the first place. Working from a scarcity mindset, namely trying to preserve an already pilfered service, is a losing battle. To guarantee the service that citizens and workers expect from a city like San Francisco requires a committed vision of the future, one that centers Muni as the public good that it is.
SF politics
#california-budget
UK politics
fromwww.bbc.com
2 months ago

Emergency loans offered to civil servants waiting on pensions

Civil servants facing pension-payment delays are offered interest-free hardship loans up to 10,000; urgent cases prioritised and extra staff hired to clear the backlog.
Business
fromIndependent
1 month ago

Money experts on the pros and cons of borrowing - and whether they have any loans themselves

Debt can be categorized as good or bad depending on whether it finances appreciating assets or depreciating expenses, making strategic borrowing potentially beneficial despite cultural stigma against all debt.
#federal-debt
fromFortune
1 month ago
US politics

A U.S. 'debt spiral' could start in coming years when the interest rate on government borrowing exceeds economic growth, budget watchdog says | Fortune

fromFortune
2 months ago
US politics

America's $952 billion annual burden: Exploding interest on national debt is set to surpass Medicare spending within the decade | Fortune

fromFortune
1 month ago
US politics

A U.S. 'debt spiral' could start in coming years when the interest rate on government borrowing exceeds economic growth, budget watchdog says | Fortune

fromFortune
2 months ago
US politics

America's $952 billion annual burden: Exploding interest on national debt is set to surpass Medicare spending within the decade | Fortune

US politics
fromFortune
2 months ago

Deficits boost U.S. debt but also inflate corporate profits and stocks, so reducing red ink could trigger a financial crisis, analysts warn | Fortune

Budget deficits have become the primary driver of corporate profits and inflated stock valuations by channeling government spending into financial markets.
US politics
fromwww.aljazeera.com
2 months ago

CBO: US Federal deficits and debt to worsen over next decade

U.S. federal deficits and debt are projected to rise substantially over the next decade due to increased spending, higher debt service, tariffs, and immigration policies.
fromAol
2 months ago

Senate Dems: 'We in Illinois need to tax'

If you live in Illinois, you pay a greater percentage of your income in taxes than almost anyone of any income stratus anywhere in the country. That's not right,
US politics
fromFortune
1 month ago

America's debt problem just got worse by $2 trillion with the Supreme Court's tariff ruling | Fortune

It might make the average American consumer happy, but the decision could amount to trillions of dollars worth of lost government revenue over the next decade, and eventually come back to haunt the country's fiscal stability. As evidence mounted that tariffs were taking a toll on American shoppers and companies, the Supreme Court justices ruled 6-3 that Trump had exceeded his authority when he installed sweeping "emergency" tariffs on a number of trade partners. The decision was cheered by business coalitions, and markets surged on the news.
US politics
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