Finance News – National Debt
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Donald Trump’s ‘big, beautiful bill’ is the ultimate betrayal of his base | Sidney Blumenthal
The proposed legislation will significantly reduce government spending on healthcare, social services, and renewable energy, while increasing the national debt by trillions, potent...
Read Full Article →Alarming OBR forecast is too optimistic – debt is set to be 647 per cent of GDP
The Office for Budget Responsibility’s projections may underestimate future debt levels due to overly positive assumptions about productivity growth, indicating that the UK’s finan...
Read Full Article →UK public finances on ‘unsustainable’ path amid growing climate, debt and pension costs
The Office for Budget Responsibility has indicated that rising expenses related to environmental challenges, retirement funding, and existing liabilities could cause the UK’s natio...
Read Full Article →What will Trump's tax and spending bill do to the US national debt?
The proposed legislation introduced by the US administration is expected to influence the country's fiscal balance, potentially affecting the overall accumulation of government lia...
Read Full Article →Strong Uptake at 10-Year U.S. Debt Sale Eases Demand Concerns, 30-Year Sale's Up Next
The successful subscription to the 10-year U.S. Treasury offering reflects investor confidence, potentially stabilizing borrowing costs amid ongoing concerns about the nation’s ris...
Read Full Article →Trump’s tax bill would add $2.4tn to US debt, says non-partisan analysis
The Congressional Budget Office projects that the proposed tax legislation would significantly increase the federal deficit over ten years, impacting government finances and potent...
Read Full Article →Coinbase CEO fears Bitcoin replaces dollar if US debt grows as Elon Musk calls for firing of 215 Rep...
Brian Armstrong highlighted that unchecked growth in U.S. national debt might lead to Bitcoin gaining prominence over the dollar in global financial markets as a preferred reserve...
Read Full Article →Elon Musk disses Trump's 'big, beautiful bill' for growing the national debt
Elon Musk expressed concerns about the substantial fiscal impact of the recent Republican domestic policy legislation, highlighting potential challenges related to the increasing n...
Read Full Article →Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’
If the US government can identify funds within existing budgets without increasing taxes or debt, it may allocate resources to expand its current Bitcoin reserves, affecting nation...
Read Full Article →Moody's downgrades US credit rating due to rising debt
The recent adjustment in the United States' credit evaluation reflects concerns over sustained fiscal deficits, potentially leading to higher borrowing costs and increased financia...
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