Yes, We Should Fear Budget Deficits

America’s budget deficits are often described by economists as a problem. In the markets right now, they look more like a solution......»»

America’s budget deficits are often described by economists as a problem. In the markets right now, they look more like a solution......»»

A bevy of lawmakers in Congress alarmed by soaring deficits are calling yet again for a constitutional amendment to balance the federal budget — but this time it’s Democrats......»»

Three St. Louis professors said Monday that any savings caused by Better Together's proposed merger of the city and county would not approach tax reductions implemented by the plan, creating budget deficits — not surpluses, as proponents have claimed......»»

Budget airline EasyJet warned on Monday that European travelers were holding off booking their summer holidays for fear of how the Brexit process will end, weakening demand for tickets and prices......»»

Budget airline EasyJet warned on Monday that European travelers were holding off booking their summer holidays for fear of how the Brexit process will end, weakening demand for tickets and prices......»»

Authored by Sven Henrich via NorthmanTrader.com, My take here: The budget is blowing up in their face and they know it. The tax cuts did not pay for themselves and deficits are ballooning, federal spending is the highest in 10 years as tax receip.....»»

House Democratic leaders appear likely to give up on passing a budget this year rather than trying to bridge divisions between progressives seeking more money for domestic programs and members in swing districts who fear being attacked on tax hikes......»»

Magic Money — or Modern Monetary Theory — adherents claim that federal budget deficits don’t matter......»»

Magic Money — or Modern Monetary Theory — adherents claim that federal budget deficits don’t matter......»»

Magic Money — or Modern Monetary Theory — adherents claim that federal budget deficits don’t matter......»»

President Donald Trump's top economist is brushing off concerns about rising budget deficits and slowing economic growth in advance of the release of the president's 2020 budget......»»

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

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, .....»»

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......»»

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......»»

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.....»»

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.....»»

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......»»

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......»»