"In the financialized U.S. economy, each dollar of deficit spending may flow into a dollar of corporate profit." ...

The sweeping legislation, which passed in July, renewed the 2017 tax cuts for individuals and granted additional tax breaks, ...

BlackRock ( BLK) CEO Larry Fink feels the market’s attention could soon shift toward the ballooning U.S. national debt. With ...

America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

The reason markets didn’t react more is because we already wrecked the independence of the Fed,” said Tyler Cowen, economist ...

The Rules Committee must suggest rule changes to help meet the target, including making budget rules more difficult to waive ...

Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

The U.S. government posted a $145 billion budget deficit ‌for December, up 67% or $58 billion from a year earlier due to ...

For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...

The United States experienced a $144.7 billion deficit in December, nearly 67% more than the monthly deficit for the same ...