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The U.S. deficit is nearly as big a Russia’s economy, and there’s a ‘vicious’ feedback loop that could make it worse

The presidential election has brought the issue of federal budget deficits back into the spotlight as markets weigh the impact of another Biden or...

Ukraine aid bill takes backseat to funding government, Speaker Mike Johnson tells The Post

PoliticsBy Josh Christenson and Ryan King Published March 14, 2024, 11:55 a.m. ETWHITE SULPHUR SPRINGS, W.Va. — House Speaker Mike Johnson indicated Wednesday evening that the...

US Adds $5.2 Billion Per Day To Its Ballooning Debt Pile, Which Is Now $101,240 Per Citizen — Economist Warns ‘Net Interest Payments On...

The alarm bells ring as US debt exceeds $34 trillion early 2024.That translates to an average of about $259,000 per household and $101,240...

A $34 trillion national debt? You ain’t seen nothing yet.

$34 trillion? Unimpressive.Every time the gargantuan national debt rises above a round number, there is a surge of attention before we return...

What Happens If the U.S. Defaults on Its Debt?

The debt ceiling is important because it sets a legal limit on the amount the U.S. government can borrow to finance its operations...

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through five percent in the next...

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