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WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — ...
The connections among the many moving parts of the economy are such that pulling the tariff lever to cut imports is more ...
Here are seven key budget charts that shed light on the nation ... The budget papers do not mention US President Donald Trump by name, but they warn that his signature policy to hike tariffs ...
The US Dollar Index (DXY) is down 8.8% since the start of this year (chart). That has sparked lots of angst, the worry being ...
A selloff in U.S. stocks, long-term government bonds and the dollar clearly traces back to policy choices by President Donald ...
15h
ABC7 KABC on MSNLA budget cuts: What departments could be impacted by layoffs?Los Angeles Mayor Karen Bass unveiled a proposed $13.9 billion municipal budget for fiscal year 2025-26, which includes more than 1,600 layoffs and the consolidation of four city departments in an ...
The US government has run high budget deficits for years—it last had a surplus in the fiscal year ending September 2000, and its deficit was a whopping $1.83 trillion in fiscal 2024. Naturally ...
Without going after the massive spending programs, DOGE will only make a lot of noise without accomplishing anything.
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Cryptopolitan on MSNThe question of ‘who owns US Treasury?’ surges amid recent market turmoilMarket turbulence under President Trump's tariff policies reignites scrutiny over foreign ownership of US Treasury amid ...
“This is going to only accelerate our deficit.” Their resistance poses a familiar problem for Mr. Johnson, who must again try to deliver the votes on budget ... just allows us to get off ...
China expanded government spending at the fastest rate for any first quarter since 2022, ramping up support for an economy ...
The forecast puts added pressure on Congress and the Trump administration to address the borrowing cap, which restricts the total amount of money that the United States is authorized to borrow to ...
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