Trump's Tax Plans Could Slash Revenue By $11 Trillion, Push Debt To 149% Of GDP: Report Says White House Relies On 'Fantasy Math'
Donald Trump‘s proposed tax plan paints an encouraging picture of lower taxes and stronger economic growth, but the numbers ...
US Warned of 'Death Spiral' of Debt
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
US heading towards economic ‘heart attack’ if debt is not cut soon: World’s largest hedge fund founder
Ray Dalio, the founder of the world's largest hedge fund, recently warned of serious economic consequences for the U.S. if ...
‘Rosy’ Congressional Budget Assumptions Might Increase National Debt
Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
Committee for a Responsible Federal Budget1d
Interest on the Debt to Grow Past $1 Trillion Next Year
The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...
Benzinga.com8d
Billionaire Investor Ray Dalio Backs Trump's Interest Rate Cut, Proposes '3% Solution' To Tackle $36 Trillion America's Debt Crisis
What Happened: The U.S. federal debt has surged to $36.4 trillion against a GDP of $29.1 trillion, resulting in a debt-to-GDP ratio of 125%. Since the pandemic began in 2020, federal debt has ...
Financial Advisor17d
The Big Picture On Debt, Deficits And Interest Rates
A U.S. debt crisis, should one eventually occur, could result in both rising interest rates and inflation and a much lower dollar.
Business Line7d
Fiscal Deficit for FY26 estimated at 4.4% of GDP
Per the new roadmap for the next five years, the government aims to bring down the debt-GDP ratio to about 56 per cent by the end of FY26. The glide path takes into account different scenarios for ...
moneycontrol.com5d
No plans to go back to FRBM target of 40% debt-to-GDP ratio immediately, says Expenditure Secy Manoj Govil
With the Budget for 2025-26 introducing a new roadmap for its debt-to-GDP ratio, the Centre has no plans ... for over two decades in India and the US. She is a Young Global Leader with the World ...