Tag: Budget Deficit
Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk
The U.S. Court of Appeals for the Federal Circuit ruled that most of President Donald Trump’s so-called reciprocal tariffs on global trading partners are illegal,...
Trump’s tariffs are becoming such an important revenue source that they’re now propping up America’s debt rating
Ratings agency S&P Global had some good news and bad news on the U.S. deficit outlook. The good news is that it won’t get...
The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says
The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according...
Trump signs One Big Beautiful Bill: What that means for your money
President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have far-reaching repercussions on millions of...
