One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off concerns over the rising US budget deficit.

Steve Eisman, Host of 'The Real Eisman Playbook', joins 'Fast Money' to discuss why he believes worry over the size of the U.S. budget deficit are over blown.

Milwaukee County Transit System workers vote overwhelmingly in favor of a potential strike as contract negotiations stall and MCTS leadership changes amid a $10.4 million budget deficit.

Colorado legislators are considering a special session to cover a budget hole to the tune of hundreds of millions of dollars — a deficit Democrats said will result from spending

Folsom City Council will likely vote Tuesday on if the city should delay hiring 10 firefighters. If they do, the fire department may close a station and ambulance.

The GOP deficit hawk is dead, after promising for years to rein in the country’s spiraling debt and deficits, but then voting last week to do the opposite.

The US debt has surpassed $37 trillion, yet markets remain calm. Trump's new tax bill adds fuel to a growing crisis investors are underestimating. The spiral has already begun.

This is clearly a shift in budget accounting that will clear the path to ballooning the debt now, but will also create a precedent that will be used over and over and over again in the future.&

The office also estimated that the federal budget deficit for the first nine months of the 2025 fiscal year, which began in October, is $1.3 trillion. The number is $65 billion more than it was for the first nine months of the 2024 fiscal year.

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the devastating consequences of ballooning U.S. debt. But economists say this time around is different: The debt is now so large that piling more on top of it as part of President Donald Trump's massive tax cut and spending bill could set the country on a dangerous path.

Until we raise taxes or reduce spending to shrink deficit — or the world resists purchasing U.S. Treasuries — rational strategy is to reduce commerce with China