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Billionaire Ray Dalio warned the U.S. risks an economic heart attack within three years unless the federal budget deficit is ...
The United States Treasury confirmed Wednesday that the federal budget deficit for May hit $316 billion, placing it among the top three largest monthly gaps ever recorded. This comes right after ...
The Congressional Budget Office projected that the House Republican tax bill, called the "One Big Beautiful Bill Act," would increase deficits by $2.77 trillion over 10 years.
If this sensitivity were to double to $0.66 per dollar of deficit – say, due to further domestication of the US Treasuries market, which is a risk but not our base case – the resulting drag on ...
The US budget deficit exceeded $6 trillion in 2024, and Elon Musk, the former head of the Department of Government Efficiency (DOGE), saw his efforts to cut federal spending fail, with just $180 ...
Stablecoins were also the third-largest buyer of US T-bills in 2024, behind JPMorgan's government money market fund and China. Stablecoins were among the top 3 largest buyers of US T-bills last year.
Deficit-financed tax cuts aren’t real tax cuts Eventually, America’s bills have to be paid.