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.
Category: National Debt (US)
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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.
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Moody’s Downgrades U.S. Credit Rating Below Triple-A
The downgrade means that each of the three major credit rating firms no longer gives the United States its best rating.
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U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or suspend the nation’s debt limit.
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U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress does not lift or suspend the nation’s debt limit.
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What to watch at the Fed meeting.
A new set of economic projections will provide the latest view of how central bankers think President Trump’s agenda will affect the economy.
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What to Watch at the Federal Reserve’s March Meeting
A new set of economic projections will provide the latest view of how central bankers think President Trump’s agenda will affect the economy.
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A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.