Massive $2 Trillion Deficit Expected in Fiscal 2023
Washington faces a spending showdown, but the fiscal year ending this month brings a dire reality – a projected $1.7 trillion deficit, roughly $13,500 per...
Washington's Fiscal Blowout: Interest on Federal Debt Has Hit 15.5% Of All Federal Debt
President Biden and Congress have set alarming records with their skyrocketing spending and deficits. In just the first 10 months of the fiscal year, the...
Scrambling to Avoid Default, White House Weighs Debt-Limit Fallback Options
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Shopping for Insurance Against a Debt-Ceiling Debacle? Buyer Beware: WSJ
Quirks in the market for credit-default swaps might distort the probability of the Treasury defaulting on U.S. government debt. Source link...
Ballooning National Debt Is a Rotten Legacy
William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings...
Biden’s policy on crypto taxation undermines his environmental goals By Cointelegraph
Gains accrued by staking cryptocurrency should not be treated as a taxable event. It only makes sense to tax such gains upon their conversion to...
Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top...
Fed’s Inflation Fight Pushes Up Cost of U.S. Debt
Economy U.S. Economy Republicans and Democrats disagree on whether debt load is manageable Source link...
The Government Debt Threat Keeps Mounting: WSJ
If you thought the 2008 financial crisis was bad, wait until Washington has to stop borrowing. Source link...
Biden Administration Delays Tax Rules for Crypto Brokers
Markets Currencies Cryptocurrency Cryptocurrency brokers don’t have to start reporting customers’ gains to IRS until the administration finishes writing the rules Source link...