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Threat of the US debt spiral
The country that once dominated the global economy is now grappling with a severe debt crisis. The United States, with a GDP of $28 trillion, is burdened by a debt of $36 trillion.
Torsten Slok from Apollo Global Management says the key issue with the new U.S. budget is that it's an extension of tax cuts that were already in place, so the boost to GDP growth and inflation from ...
Republicans have proposed selling millions of acres of public land to build housing, but it won't help the Northeast, where ...
President Donald Trump signed the wide-ranging One Big Beautiful Bill Act into law on July 4, 2025. It focuses on cutting ...
White House bars WSJ from press trip over Epstein coverage that led to $10 billion lawsuit - New poll asks Americans whether they believe Wall Street Journal report about birthday letter Donald Trump ...
The Congressional Budget Office has released its final score of Donald Trump’s “big, beautiful bill”—and it’s bad.
The most alarming rider in the bill would “permit anyone with a concealed carry permit from any state or territory to carry a ...
In a remarkable achievement, the One Big Beautiful Bill Act got worse with each iteration before finally being enacted. On ...
A rare bipartisan bill could take some sting out of the megabill’s health-care cuts and help the GOP in the midterms.
President Trump's "big, beautiful bill" includes major changes to federal spending and tax policies. The Congressional Budget ...
With his tax agenda finally passed, President Donald Trump has turned back to his true passion: making America poorer and ...
No airs, no graces – just a wave of the right hand and a slight nod of the head from one of sport’s most self-effacing ...