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Yes, We Should Fear Budget Deficits

Yes, We Should Fear Budget Deficits.....»»

Category: topSource: seekingalphaFeb 11th, 2019

Do Budget Deficits Matter? Not to Today"s Left or Right

Two conflicting economic philosophies are united by one theme: disregard for the heavier fiscal burden that future generations would bear......»»

Category: topSource: barronsMar 3rd, 2019

Trillion-dollar budget deficits will make next recession more painful - CNNMoney

CNNMoneyTrillion-dollar budget deficits will make next recession more painfulCNNMoney1. Maxing out the credit card: House Speaker Paul Ryan, who built his career on the promise of fiscal responsibility, .....»»

Category: topSource: googlenewsApr 16th, 2018

Trillion-dollar budget deficits will make next recession more painful

1. Maxing out the credit card: House Speaker Paul Ryan, who built his career on the promise of fiscal responsibility, is leaving behind a looming $1 trillion budget deficit......»»

Category: topSource: cnnApr 15th, 2018

Deficits Won"t Matter---Until They Do

Even the Congressional Budget Office’s worst deficit prediction doesn’t take into account the possibility that a recession will strike someday, triggering another crisis......»»

Category: topSource: barronsApr 14th, 2018

Trillion dollar deficits matter

AP/J. Scott Applewhite The US budget deficit is on track to surpass $1 trillion by 2020. It will likely double to $2 trillion by 2028. Rapidly expanding debt could have disastrous consequences, incluidng depressing economic growth over time. The Congre.....»»

Category: topSource: businessinsiderApr 14th, 2018

$1 TRILLION DEFICITS FOR YEARS: Westpac explains why the US budget outlook is troubling

The US government is spending more than earns, a trend that looks set to continue. The Congressional Budget Office (CBO) sees US public sector debt-to-GDP rising to 96% within 10 years, up from 77% at present. Westpa.....»»

Category: topSource: businessinsiderApr 11th, 2018

Why trillion-dollar budget deficits may be on a fast track to $2 trillion

The recent Republican tax cuts and the bipartisan agreement to raise federal spending have done a number on already high budget deficits. But the outlook could be even worse than we thought......»»

Category: topSource: cnnApr 10th, 2018

Why America"s return to $1T deficits is a big problem for you

The Social Security Trust Fund is on track to run out of money in 13 years, the Congressional Budget Office said Monday. And that's just one of many painful possibilities......»»

Category: topSource: moneycentralApr 10th, 2018

Why America’s return to $1 trillion deficits is a big problem for you

The Social Security Trust Fund is on track to run out of money in 13 years, the Congressional Budget Office said Monday. And that's just one of many painful possibilities......»»

Category: topSource: moneycentralApr 10th, 2018

CBO Raises Estimates for Budget Deficits

Tax cuts and spending increases enacted over the past four months will lead to wider than previously expected budget deficits and a mostly temporary spurt in economic growth, the Congressional Budget Office predicted......»»

Category: smallbizSource: wsjApr 9th, 2018

Tax, Spending Laws Will Widen Budget Deficits, Boost Growth

Congress’s nonpartisan scorekeeper is predicting wider budget deficits and somewhat stronger economic growth over the coming years due to recent legislation to cut taxes and boost government spending......»»

Category: smallbizSource: wsjApr 9th, 2018

CBO projects budget deficits to rise over next decade

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 9th, 2018

Yellen says tax cuts are blowing up the budget

Last year's aggressive tax cuts are at the heart of a worsening budget situation that will see deficits surge in the years ahead, according to.....»»

Category: topSource: moneycentralApr 9th, 2018

Yellen says tax cuts are blowing up the budget

Last year's aggressive tax cuts are at the heart of a worsening budget situation that will see deficits surge in the years ahead, according to.....»»

Category: topSource: moneycentralApr 9th, 2018

CBO forecasts the return of trillion-dollar deficits

The Congressional Budget Office on Monday forecast the return of trillion-dol.....»»

Category: topSource: marketwatchApr 9th, 2018

CBO Releases New Projections for U.S. Economy

Congress’s nonpartisan scorekeeper is predicting wider budget deficits and somewhat stronger economic growth over the coming years due to recent legislation to cut taxes and boost government spending......»»

Category: smallbizSource: wsjApr 9th, 2018

America is staring down a debt crisis — and there"s one place to look for early signs of trouble

REUTERS/Arnd Wiegmann The US budget and current account deficits raise the risk of a debt crisis, Deutsche Bank.....»»

Category: topSource: businessinsiderApr 29th, 2018

U.S."s $488 billion in borrowing sets a first-quarter record

The U.S. Treasury borrowed $488 billion from January through March, a record high for the quarter, as the department increased its cash buffer and prepares for widening budget deficits......»»

Category: topSource: moneycentralApr 30th, 2018

Market Extra: Americans are taking on more of the burden for funding record U.S. deficits

The responsibility for funding the U.S.’s yawning budget deficits is increasingly falling on the shoulders of domestic investors......»»

Category: topSource: marketwatchMay 2nd, 2018

Congressional Budget Office"s Long-Term Deficit Forecast Dwarfs White House Estimate

The Congressional Budget Office estimates President Donald Trump’s 2019 budget proposal will result in deficits in 2027 and 2028 that are more than double the White House’s estimates......»»

Category: smallbizSource: wsjMay 24th, 2018