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public debt

  • JP Morgan: Recession Now More Likely; Average American Now Carrying Over $6,300 in Credit Card Debt | Business Matters Full Broadcast (Aug. 8)
    JP Morgan: Recession Now More Likely; Average American Now Carrying Over $6,300 in Credit Card Debt | Business Matters Full Broadcast (Aug. 8)
    JP Morgan is now raising the odds of a recession by the end of this year to 35 percent from 25 percent. The news comes after a weaker-than-expected July jobs ...
    August 8, 2024BY Don Ma
  • Next UK Government to Inherit Worst Debt Dilemma in 70 Years: Think Tank
    Next UK Government to Inherit Worst Debt Dilemma in 70 Years: Think Tank
    The Institute for Fiscal Studies said if government cuts taxes now, it risks being forced to raise taxes ...
    January 25, 2024BY Lily Zhou
  • Billionaire Investor Ken Griffin Warns High Inflation Will Persist for Decades
    Billionaire Investor Ken Griffin Warns High Inflation Will Persist for Decades
    Citadel hedge fund founder Ken Griffin has warned that higher baseline inflation could last "for decades" and urged ...
    November 9, 2023BY Tom Ozimek
  • Interest Payments on America’s Public Debt Jump Above $1 Trillion Per Year: BI
    Interest Payments on America’s Public Debt Jump Above $1 Trillion Per Year: BI
    A new projection shows that interest payments on U.S. public debt have climbed above $1 trillion per year, ...
    November 7, 2023BY Tom Ozimek
  • The US Government Shutdown Isn’t the Problem. Public Debt Is
    The US Government Shutdown Isn’t the Problem. Public Debt Is
    Commentary There are hundreds of headlines all over the news warning of the negative effects of a government ...
    October 2, 2023BY Daniel Lacalle
  • IFS: Sunak Set to Preside Over Biggest Tax Increase Since World War II
    IFS: Sunak Set to Preside Over Biggest Tax Increase Since World War II
    The biggest driver of the tax hike is not COVID-19 responses, but a pre-pandemic desire for higher government ...
    September 29, 2023BY Lily Zhou
  • Victorians to Bear Australia’ Heaviest Property Taxes
    Victorians to Bear Australia’ Heaviest Property Taxes
    Victorian homeowners will be hit with the heaviest property tax in Australia from the 2023-2024 financial year onward ...
    July 10, 2023BY Alfred Bui
  • David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
    David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
    Stockman is the author of “The Great Money Bubble: Protect Yourself from the Coming Inflation Storm.”
    June 6, 2023BY Jan Jekielek
  • The High Dudgeon of the Debt Debate
    The High Dudgeon of the Debt Debate
    Commentary “Debts and lies are generally mixed together,” Francois Rabaleis said. It was true when he said it ...
    May 19, 2023BY Jeffrey A. Tucker
  • Long-Term Inflation Expectations Reach 12-Year High
    Long-Term Inflation Expectations Reach 12-Year High
    Commentary According to the University of Michigan, inflation expectations for the next five to 30 years reached a ...
    May 15, 2023BY Daniel Lacalle
  • Insane Deficit Spending Is Immoral
    Insane Deficit Spending Is Immoral
    Commentary In “Armageddon,” Bruce Willis blows himself up on an asteroid to save his daughter and all of humanity. ...
    April 21, 2023BY May Mailman
  • ‘We Have to Pay Our Sins’: Lawmakers Must Negotiate Way Out of US Debt Crisis: Sen. Manchin
    ‘We Have to Pay Our Sins’: Lawmakers Must Negotiate Way Out of US Debt Crisis: Sen. Manchin
    Senator Joe Manchin (D-W.Va.) has called on Republican and Democrat lawmakers to work together and resolve the debt ...
    March 3, 2023BY Naveen Athrappully
  • The Case for Risking Default on the Debt
    The Case for Risking Default on the Debt
    Commentary The same old game is starting all over again. The big spenders in Congress and the administrative ...
    February 16, 2023BY Jeffrey A. Tucker
  • Federal Public Debt Charges Up $2 Billion With Latest Interest Rate Hike, PBO Estimates
    Federal Public Debt Charges Up $2 Billion With Latest Interest Rate Hike, PBO Estimates
    Public debt charges jumped nearly $2.3 billion with the latest interest rate hike by Canada’s central bank, according ...
    December 8, 2022BY Isaac Teo
  • Congressional Lame-Duck Quackery
    Congressional Lame-Duck Quackery
    Commentary There is little Republicans and Democrats in Congress agree on these days, but spending (and borrowing) money ...
    December 6, 2022BY Cal Thomas
  • The Debt Ceiling Is the Hammer
    The Debt Ceiling Is the Hammer
    Commentary America’s public debt is now over $31.3 trillion! Watch the U.S. debt clock increase in real-time (here) ...
    December 5, 2022BY Stu Cvrk
  • Federal Public Debt Charges Expected to Hit $53 Billion by 2024: Parliamentary Budget Office
    Federal Public Debt Charges Expected to Hit $53 Billion by 2024: Parliamentary Budget Office
    Federal debt charges are expected to hit $53 billion by 2024, says the Parliamentary Budget Office in its ...
    November 15, 2022BY Isaac Teo
  • Near-Crash of Pound—A Warning of Global Crisis
    Near-Crash of Pound—A Warning of Global Crisis
    Commentary The decline of the British pound has far-reaching implications for the global economy. The near-crash of the ...
    October 12, 2022BY Antonio Graceffo
  • Global Debt Reaching ‘Dangerous’ Levels: IMF
    Global Debt Reaching ‘Dangerous’ Levels: IMF
    Global debt is at such a high level that a worldwide cooperative approach is needed to tackle the ...
    April 12, 2022BY Naveen Athrappully
  • Federal Government Posts $12.7B Deficit for June, Spending Down and Revenue Up
    Federal Government Posts $12.7B Deficit for June, Spending Down and Revenue Up
    OTTAWA—The federal government posted a deficit of $12.7 billion for June compared with a deficit of $33.6 billion ...
    August 28, 2021BY The Canadian Press
  • Yellen Details ‘Extraordinary Measures’ to Raise Cash as Debt Ceiling Hits
    Yellen Details ‘Extraordinary Measures’ to Raise Cash as Debt Ceiling Hits
    Treasury Secretary Janet Yellen on Monday announced a series of so-called "extraordinary measures" the department is taking to ...
    August 3, 2021BY Tom Ozimek
  • Post-Pandemic Public Debt Cannot Be Cancelled, Says ECB’s Villeroy
    Post-Pandemic Public Debt Cannot Be Cancelled, Says ECB’s Villeroy
    PARIS—The governor of France's central bank on Friday told President Emmanuel Macron that the country's heavy public debt, ...
    July 11, 2021BY Reuters
  • UK Reports Highest February Borrowing Since Records Began
    UK Reports Highest February Borrowing Since Records Began
    The UK government is estimated to have borrowed £19.1 billion ($26.6 billion) last month, the highest for February ...
    March 19, 2021BY Alexander Zhang
  • What to Expect From Bidenomics
    What to Expect From Bidenomics
    Commentary On Tuesday, Jan. 19, 2021, the Treasury secretary designate Janet Yellen outlined before the Senate Finance Committee the ...
    January 28, 2021BY Frank Shostak
  • Rep. Mo Brooks on $2,000 Stimulus Checks: ‘Show Me How We’re Going to Pay for It’
    Rep. Mo Brooks on $2,000 Stimulus Checks: ‘Show Me How We’re Going to Pay for It’
    Rep. Mo Brooks (R-Ala.) suggested on Monday that he would oppose the bid to increase the pandemic relief ...
    December 28, 2020BY Tom Ozimek
  • As British Government Borrowing Soars, Public Debt Highest Since 1960
    As British Government Borrowing Soars, Public Debt Highest Since 1960
    The British government borrowed six times more than before the CCP virus pandemic, pushing the public debt to ...
    October 21, 2020BY Mary Clark
  • UK’s Economy Shows Sign of Recovery as Public Debt Surpasses GDP
    UK’s Economy Shows Sign of Recovery as Public Debt Surpasses GDP
    The latest retail figures indicate some economic recovery for Britain, while the country's public debt has reached a ...
    August 24, 2020BY Lily Zhou
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    NEW By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    2hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    3hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    5hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    5hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
    6hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    10hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    11hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    12hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    17hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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