Democrats Map Out Agenda Focused on Affordability Democratic lawmakers plan to pass a series of bills soon after taking control of Congress in January, with a focus on one of the key issues that...
US Records Third-Highest Budget Deficit in History The federal budget deficit for fiscal 2026 totaled nearly $2 trillion, the Treasury Department reported Friday. The fiscal year runs from October...
Deficit Rose to $2 Trillion for 2026 Fiscal Year: CBO The federal budget deficit came to $2.0 trillion in the 2026 fiscal year, the Congressional Budget Office estimated Thursday. The CBO’s final...
1% Higher Interest Rates Add Trillions to National Debt, CBO Says U.S. Treasury yields continue to climb as investors factor in the likelihood that surging energy prices will further fuel inflation, as well as...
Corporate Tax Payments Plunge 25% Even as Profits Boom Corporate profits may be soaring to new highs, but corporate tax payments are plunging thanks in large part to the breaks Republicans included in...
10-Year Yield Top 5% in Trading The yield on the 10-year Treasury note topped 5% in trading on Monday, briefly reaching 5.01%, the highest level since October 2023. The rate eased...
Trump’s Wild Promise of $5,000 Payouts Would Be Wildly Expensive President Trump’s surprise pledge Wednesday night to pay a $5,000 “dividend” to every American adult if and only if Republicans maintain control of...
Investors Brush Off Bessent’s Surge in Buybacks The U.S. Treasury Department said Wednesday that it plans to buy $6 billion of government debt this week as part of an effort to reduce long-term...
