Google, Meta, and Oracle are on a $1 trillion borrowing spree
Almost every major capital spending boom during the past 200 years has ended in bankruptcies, consol[……] Read More
CBO: Supreme Court tariff ruling increases deficit by $2 trillion but lowers inflation, unemployment
The Supreme Court’s decision to strike down the bulk of President Donald Trump’s tariffs has created[……] Read More
CBO: Treasury may need to borrow extra $1.6 trillion to cover the hole left by tariff ruling
When the Supreme Court ruled late last month that the majority of tariffs implemented by the second[……] Read More
Interest on the $38.8 trillion national debt has tripled since 2020, topping defense and Medicaid
The United States is now paying nearly $970 billion a year just to service the interest on its $38.8[……] Read…