The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...

The Republican-led House of Representatives has passed its “One, Big, Beautiful Bill,” but before you dig into the more than 1,000-word tomb, it’s probably better to wait until the Senate puts its ...

JPMorgan Chase CEO Jamie Dimon warned in a new interview that the U.S. government's rising debt and budget deficits are a problem that will eventually cause bond market issues, and offered his ...

At about the size of the entire U.S. economy, the national debt is on track to exceed its post-World War II record of 106% within the next three years. The 3% target would help to stabilize the debt ...

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

Economist Henri Hebrard issued a stark warning on Friday, 9 January 2026 that the Dominican Republic will need to spend ...