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U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
Posted inBessent, Scott Federal Budget (US) National Debt (US) Taxation Trump, Donald J United States Economy United States Politics and Government

U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts

The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.
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Posted by By Alan Rappeport
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
Posted inEconomic Conditions and Trends Georgieva, Kristalina Ivanova Gourinchas, Pierre-Olivier Inflation (Economics) International Monetary Fund International Trade and World Market United States Economy

I.M.F. Raises U.S. Economic Forecast as Other Regions Lag

It is projecting 2.7 percent growth for 2025. But uncertainty about pending Trump policies looms over the global economic trajectory.
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Posted by By Danielle Kaye
What Did Trump’s Tax Cuts Do?
Posted inCoronavirus (2019-nCoV) Corporate Taxes Income Tax Interest Rates Law and Legislation Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017) Taxation United States Economy United States Politics and Government

What Did Trump’s Tax Cuts Do?

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
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Posted by By Andrew Duehren
30-Year Mortgage Rate Rises Above 7% for First Time Since May
Posted inFederal Home Loan Mortgage Corp (Freddie Mac) Inflation (Economics) Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.
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Posted by By Danielle Kaye

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