Category: National Debt (US)

Federal Debt to Hit Record Levels, Budget Office Warns

The New York Times – Business:
President Trump has reshaped the country’s economic policies, but the outlook for the budget remains dire.
Sell America Is the New Trade on Wall Street

Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.
Record Debt in the World’s Richest Nations Threatens Global Growth

The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.
Market Volatility Underscores Epic Buildup of Global Risk

Some experts see a dangerous combination of factors reminiscent of practices that led to previous financial crises.
Trump Team Now Claims Its Trillions in Tariff Revenue Are ‘Incidental’

In arguments before the Supreme Court, the White House backed away from its claims that President Trump’s tariffs were about raising revenue.
Bonds Should Be Boring. But They’ve Been on a Roller Coaster.

Despite reassuring bond returns lately, troubles abound in what was once a sleepy haven for risk-averse investors.
How Lutnick Is Using Government Power to Pressure Private Companies

Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.
Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.
Bessent Steps Up Criticism of Fed as Auditions for Chair Intensify

The Treasury secretary is breaking with tradition in publicly assailing the central bank’s policies as President Trump looks for its next leader.
The Dollar Has Its Worst Start to a Year Since 1973

It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.
Record Debt Limit Increase Would Break Republican Precedent

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
Counting Up the Potential Costs of the Trump-Musk Rift

The clash between the president and Teslas C.E.O. wiped billions off the electric vehicle maker’s market capitalization. Other risks abound.