But interest rates and inflation have increased. Today, the federal government spends more to pay off its debt each year than ...
Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.
Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...
Germany's fiscal bonanza may boost European economic growth, but for its debt-laden neighbours the accompanying higher ...
Donald Trump has imposed or threatened to impose tariffs, cut aid funding to several countries and expressed anger towards any attempt to create an alternative currency, among others. Mint explores ...
The rude health of U.S. household and corporate balance sheets is partially responsible for the exceptional resilience of the ...
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The bad news? The total savings from these staffing cuts will pay for just 0.5% of President Donald Trump's proposed tax cuts. It will represent less than 0.2% of Elon Musk's promised "$1 trillion" in ...
Covid-19 broke the charts. Decades from now ... spared Americans from even more suffering — it also caused the national debt to soar. We left a world we might not get back to.
Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna introduced a bipartisan House bill that aims to cap annual ...
Inflation is a government killer. People despise rising grocery, gas and housing prices. Over the past two years, voters ...
With the chancellor under pressure as she prepares for her spring statement, here's how the government collects and spends its money.
Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP, discusses implications of the election. The key ...
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