government debt

The Labor government is set to spend $215 billion more than it earns over the next five years.

Commentary Both chambers of Congress are locked in fierce battles over spending legislation. A “supplemental” package has found bipartisan ...

Commentary President Joe Biden, Senate Majority Leader Chuck Schumer, and a handful of left-leaning Republicans (led by Utah ...

Commentary Over the past few weeks, various new tax schemes have been proposed in other newspapers. I have ...

Commentary "The path we're on is unsustainable, and we'll have to get off that path sooner rather than ...

America's debt spiral could devolve into a fiscal crisis or hyperinflation, several economists say.

Commentary In the 1980s, the world was infatuated with Japan. Its economy was on fire and was projected ...

Commentary House Republicans are in another titanic battle with President Joe Biden on how to balance the budget. ...

Australia will unlikely see a budget surplus in the next 40 years due to increasing government spending and ...

The COVID-19 pandemic strained public finances and exacerbated gaps in governments’ accountability to voters—factors likely to result in long-term ...

Blackstone CEO Steve Schwarzman said Friday that the decision by Fitch Ratings to downgrade the U.S. long-term credit ...

Commentary President Joe Biden, writes Politico’s White House Bureau Chief Jonathan Lemire, “has prioritized deal-making throughout the debt ...

Paying back the COVID-19 credit card will be a priority for the Victorian government in the upcoming state ...

American voters are concerned about the country’s national debt, which has ballooned over the past decade, with many ...

Commentary Last week's struggle in the House of Representatives to select Kevin McCarthy (R-Calif.) as speaker of the ...

Commentary More than 90 central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global ...

The United States is on pace to spend more to maintain its debt than on its own military. ...

Commentary When new British Prime Minister Liz Truss suggested lowering the United Kingdom’s highest tax rate to 40 ...

The Ontario government led by Premier Doug Ford will end up outspending its Liberal predecessor Kathleen Wynne, and ...

With raging inflation and the Democrat-led Congress gathering enough Senate support to pass billions more in spending, Joel ...

The notion that debt-financed government spending has a “low fiscal cost” is not only misleading, but also hides ...

Commentary Recently, federal Finance Minister Chrystia Freeland commented on Canada’s inflation challenges and the federal budget. Unfortunately, many ...

In spring 2020, state and local governments were confronted with cascading costs in managing the public health response ...

The United States government has posted a budget surplus for January 2022, the first time in over two ...

South Korea’s debt-to-GDP ratio is projected to grow at the fastest pace among the world’s 35 most advanced ...

Commentary The Chinese Communist Party (CCP) has relied on a series of economic lies to sway many people's ...

Commentary Too frequently western media misses the weakness implicit in China’s top-down centralized economic system. Indeed, reporters and ...