Tag: national debt
Moody's Credit Rating Downgrade: How Partisan Dysfunction Has Tanked America's Financial Credibility
The US House of Representatives passed the One Big Beautiful Bill Act by a single vote right before lawmakers left DC for Memorial Day weekend. As the bill continues to be dissected and scrutinized in the media, its advancement to the US Senate will no doubt cause another story to resurface....
22 May, 2025
-
5 min read
The Silent Giant: How Surging Interest Payments Could Gut America’s Future
Members of Congress continue to debate the “One, Big, Beautiful Bill Act” (OBBBA), a budget reconciliation bill backed by President Donald Trump addressing federal spending on entitlement programs, defense, energy, as well as tax policy. ...
20 May, 2025
-
3 min read
Lawmakers' Budget Strategy: Tax Cuts Today, Fiscal Tricks Tomorrow?
Remember when President Donald Trump promised no tax on tips, overtime pay, and social security? Not much has been said about it in recent months. So, is it still happening? The short answer is maybe, but voters may not get the complete story on what impact this will have on the federal deficit and debt....
23 Apr, 2025
-
3 min read
Just The Facts: 10 Things to Know About the US Deficit
Editor's Note: This piece on The Fulcrum and has been re-published on IVN with permission from the ...
17 Feb, 2025
-
4 min read
Trump's Spending Freeze: Why Taming the Debt Is So Hard
Last week, the Trump Administration sparked confusion across government agencies with a memo freezing federal funding. The confusion deepened when they rescinded the memo 45 hours later....
03 Feb, 2025
-
1 min read