White House defends economic record after Biden blows $1.8 trillion hole in budget
The White House blamed former President Donald Trump and his administration for the $1.8 trillion deficit the Treasury ...
Worries about deficit spending after election bog down U.S. government debt
With about two weeks left before the Nov. 5 election, Treasury yields were extending a climb from September’s lows on Monday ...
Money Metals Exchange8h
Biden Administration Runs Third-Largest Annual Budget Deficit in History as Interest Payments on Debt Top $1 Trillion
In one of the biggest economic stories of the year that nobody seems to care about, the Biden administration ran the ...
Risk of growing deficit spending after Nov. 5 election weighs on U.S. government debt
Bond traders appeared to be weighing the potential outcomes of the Nov. 5 presidential election, with an eye toward an almost certain rise in the U.S. deficit no matter who wins. "Both candidates have ...
The New Yorker13h
What Would Donald Trump Do to the Economy?
If he takes office, a trade war, higher prices, labor shortages, a gaping deficit, and a showdown between the White House and ...
US budget deficit reaches $1.8 trillion in fiscal 2024, third largest in history
The US budget deficit hit $1.8 trillion in fiscal 2024, its third-largest on record, driven by increased government spending, ...