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China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the ...
President Trump promised to expand tax cuts while also slashing federal spending. So far, the math in Congress looks like a ...
Although the IMF said last month it expected the US fiscal deficit to fall this year as long as tariff revenues grew, those projections did not account for Trump’s tax bill, which is winding its way ...
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one ...
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...
The US just lost its final AAA credit rating as debt nears $37 trillion. Yields are rising, deficits widening, and markets ...
The U.S. government posted a $258 billion budget surplus for April, up 23% from a year earlier, reflecting strong tax ...
Moody's stripped the US of its top credit rating, reinforcing Wall Street's concerns over a ballooning budget deficit. The ...