Yes, We Should Fear Budget Deficits

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......»»

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......»»

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......»»

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.....»»

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.....»»

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.....»»

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

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......»»

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

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......»»

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

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......»»

The nonpartisan Congressional Budget Office says that President Donald Trump's budget plan wouldn't curb the spiraling deficit like it claims......»»

The Trump administration expects the annual budget deficits to rise nearly $100 billion more than previously forecast in each of the next three years, pushing the federal deficit above $1 trillion starting next year......»»

Right after the 2016 elections, I observed that the combination of Donald Trump’s rise and continuing GOP strength across the landscape of American politics had yielded three distinct Republican parties......»»

Investors fear Italy’s government could announce a budget this fall that puts the country’s debt on an unsustainable course and amplify tensions with Brussels......»»

Imran Khan’s new Pakistan government introduced emergency budget measures just weeks after coming into office, introducing spending cuts and tax increases to grapple with budget and trade deficits......»»

Praveen Korapaty of Goldman Sachs says there is no hard and fast rule that running budget deficits will sink its domestic bond market.....»»

Officials fear that could encourage people to cheat, a new report f.....»»

The euro bounced off six-week lows on Wednesday, European shares rose and Italian bonds rallied as some of the worries that have rippled across markets this week were soothed by signs Rome was amenable to cutting budget deficits and debt in coming years......»»