US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...
U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...
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Treasury Secretary Scott Bessent says corrections are ‘healthy' and ‘normal.' Jim Cramer disagrees
Cramer also pushed back against Treasury Secretary Scott Bessent's claims that corrections are "healthy" and "normal." ...
U.S. sanctions three Iranian officials allegedly involved in death of FBI agent Robert Levinson
The United States has imposed sanctions on three Iranian intelligence officers for their alleged involvement in the ...
Some of the worst US trading partners are coming to the table, Treasury Secretary Bessent says
Treasury Secretary Scott Bessent believes "pre-negotiated" deals with U.S. trade partners could be reached before President ...