Trade-war angst has put pressure on the greenback this year. Wall Street thinks it’s about to get worse.
Category: Federal Budget (US)
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Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
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Trump Gives Elon Musk an Oval Office Farewell
Mr. Musk, who says he will devote more time to his private companies, never came close to achieving his goal of cutting $1 trillion from the federal budget.
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Ray Dalio’s Prescription for Avoiding Fiscal Catastrophe
The hedge fund billionaire’s take on how to fix America’s fiscal woes is getting a warm reception in Washington, even as he suggests drastic changes.
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Trump Administration Wrongly Impounded Infrastructure Aid, Watchdog Finds
The findings appeared to inch the government closer to a constitutional showdown, as President Trump increasingly looks to claim expansive powers over the nation’s purse strings.
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The House Passed Trump’s Megabill. Bond Investors Are Worried.
Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.
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Trump’s Tax Policy Collides with Market Reality
Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.