Explore how deficit spending units operate, their effects on economies, and why they matter for households, businesses, and ...
"We won’t be able to fix the debt without touching Social Security, Medicare, defense, or revenue—the math just doesn’t work.
Prior to the passage of the One Big Beautiful Bill, Trump’s “growth” math stood a chance of closing the gap. Now it’s much ...
That assumes a growth rate similar to the last decade’s. If the debt rockets up like it has over the last few years, the ...
The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social Security and defense spending — which more than ...
Rearmament, an aging population, technological change and fear of voters are fueling a risky trend.
If federal policymakers want to make life more affordable, both now and in the future, they should cap their own spending.
The euro area recorded an increase in gross debt equivalent to 4.5 per cent of quarterly GDP during the third quarter of 2025 ...