Promising tax cuts without offsetting spending cuts is politically painless so long as constituents believe they “pay for ...

As we mentioned in our recent Midyear 2025 Outlook: Pragmatic Optimism, Measured Expectations, we expect bond market action to continue to swing between concerns over slowing economic data (lower ...

While headlines focus on inflation, market instability, and job growth, another crisis has been quietly unfolding: student loan debt. As of April 2025, roughly 5.8 million federal student loan ...

With the enactment of the One Big Beautiful Bill pushing America's debt-to-GDP ratio further into dangerous territory, a sudden political pivot towards fiscal discipline seems unlikely. Policy-makers ...

This is read by an automated voice. Please report any issues or inconsistencies here. The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That’s the kind ...

The $29 trillion federal debt held by the public is becoming an increasingly local problem. Washington's fiscal challenges have led to increased borrowing costs as well as reduced federal aid to ...

Ray Dalio warned the U.S. faces a “debt-induced heart attack” within three years under Trump’s budget policies, citing unsustainable borrowing and soaring interest costs. While economists agree the ...

America's debt mountain is eye-watering. The interest alone costs $1.21 trillion annually— 17% of total federal spending.