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The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the constantly growing U.S. deficit as we see it skyrocket to $779B. Interestingly, it’s the perfect storm to blame … Read more
Colin Wilhelm for the Washington Examiner reports, Senate Majority Leader Mitch McConnell on Tuesday blamed “bipartisan reluctance” to reform federal entitlement programs for the rising federal deficit, which the Treasury … Read more
Joseph Lawler for the Washington Examiner reports, The federal budget deficit rose to $779 billion for fiscal year 2018, the Treasury Department reported Monday, the largest government shortfall since 2012. … Read more
From Birch Gold Group In many ways, the current U.S. budget deficit represents uncharted territory. Investopedia defines a budget deficit when “expenses exceed revenue and it is an indicator of financial health.” Referring … Read more
Dow jumps more than 100 points to all-time high, rallies for a second day to start fourth quarter Tuesday marks the Dow’s first record close since Sept. 21. Intel climbs … Read more
For those who care, here’s the video where he says this I think he’s absolutely right. Nothing gets more shit done than consequences. www.cnbc.com/id/43670783 Warren Buffett says he could fix the … Read more
US Spending On Interest Hits All Time High As Budget Deficit Soars To $684 Billion The US’ spending problem is starting to become a major issue. According to the latest Monthly … Read more
via Liz McCormick and Steve Matthews America’s worsening fiscal outlook and mounting government debt are hiding in plain sight, but that troubling mix may not get a pass from investors for much longer. … Read more
via pjmedia: WASHINGTON – Former Republican National Committee Chairman Reince Priebus told PJM that the rising federal deficit does not contradict the GOP’s message of fiscal responsibility because “both parties share … Read more
Deficit Projected to Top $1 Trillion Starting Next Year WASHINGTON—The Trump administration expects annual budget deficits to rise nearly $100 billion more than previously forecast in each of the next … Read more
$152,237,500,000: Merchandise Trade Deficit With China Hit Record Through May (CNSNews.com) – The U.S. merchandise trade deficit with China set a record through May, hitting $152,237,500,000 for the first five … Read more
This is EXACTLY our long-standing pt. In 3q14, foreign CB’s stopped sterilizing US deficits, which meant US deficits “mattered” for the 1st time in 70 yrs. US govt eff forced … Read more
Bernanke saw no risk to the economy of: . $13 trillion deficit . $4.7T Fed QE bubble . $1.5T increase in taxes . Stagnating real wages . Productivity growth and … Read more
$119,050,900,000: Merchandise Trade Deficit With China Hit Record Through April (CNSNews.com) – The U.S. merchandise trade deficit with China set a record through April, hitting $119,050,900,000 for the first four … Read more
by Martin Armstrong Healthcare costs have been exploding even in Germany. The revisions in healthcare of about two years ago did expand the coverage, but the expanded costs were completely unexpected. That means Germany is … Read more