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Adding to the unease is the Trump-backed “One Big Beautiful Bill Act,” which seeks to raise the debt ceiling by $5 trillion.
Trump said he agreed with a longtime rival, Sen. Elizabeth Warren, on the need to abolish the federal cap on borrowing.
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The risk of a US public debt crisis - and implications for sharesWhile the US is unlikely to see a full blown public debt crisis, there’s a high risk that the combination of a deteriorating ...
JPMorgan CEO Jamie Dimon highlighted the risks of rising U.S. debt and deficits, and he called for reforms to ensure economic ...
The debt ceiling is the limit placed by Congress on the amount of debt the government can accrue. In order to pay its bills ...
Rep. David Schweikert (R-Ariz.) said Wednesday that the growing U.S. national debt will make the government more vulnerable to being pressured by the bond market, allowing it to effectively “run ...
The White House’s One Big Beautiful Bill would cost trillions, and other administration moves wouldn’t fill the budget gap.
This newsletter was originally sent out via email to our Ground Game subscribers on June 2. You can subscribe at any time at ...
JPMorgan Chase CEO Jamie Dimon is increasingly concerned that the US government's surging debt is going to cause problems for ...
Taiwan's central bank said on Sunday that U.S. government debt is "sound" and still favoured by investors, and there are no ...
US Treasury yields have risen while the dollar has fallen in an unusual divergence some call the "Sell America" trade.
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