"The increase in debt over the last 20 years was overwhelmingly driven by the trillions spent on Republican tax cuts skewed to the wealthy and big corporations," Michael Kikukawa, White House assistant press secretary, said in a statement provided to FOX Business. "Congressional Republicans want t...
Over the past 60 years, US Congress has raised the debt ceiling 78 times. For most of this period, raising the debt ceiling was a non-event. But over the past decade or so every time the US government reaches its debt ceiling, a drama of global proportions unfolds. Republicans and Democ...
The new white paper states that EM debt offers a better return per unit of risk versus EM equities. Over the past 20 years, the main EM equity index has approximately 2.5 times the volatility of the main hard currency EM debt indices (sovereigns or corporates), the paper adds. While EM ...
Credit card debt is getting much attention in the United States—and for good reason. Over the past three years, total outstanding balances spiked from US$770 billion to US$1.13 trillion (figure 1). According to the Federal Reserve, credit card delinquencies...
网页链接{On Low-Default Era of Past 20 Years Is Over - Deutsche Bank} “40年来,经济中几乎所有的固定利率借款人能够在之前利率的基础上以更低的利率进行再融资。这种情况在2022年后发生了改变,但其全部影响可能仍会缓慢显现……因此,这里或许存在着‘温水煮青蛙’的比喻,即市场在真正感受到变化之前并未察觉...
Meetings between Chinese and US officials have become increasingly frequent over the past few months as both sides seek to find common ground on important issues. These meetings may also lay the groundwork for potential meetings between President Biden and President Xi, which could take place at ...
Since then, a tool created to make it easier for the government to function has become a source of dysfunction, stoking partisan warfare and creating economic risk as the debt has increased in size over the past 20 years. HOW RISKY IS THE BRINKMANSHIP THIS TIME? It looks alarming -...
The persistence of a gap over the past 20 years, even when comparing apples to apples, suggests there are other factors at play. These can include potential discrimination. When Pew asked Americans in October what factors they believed played a role in the gender wage gap, half indicated a ...
The Congressional Budget Office told House Speaker Kevin McCarthy in a letter Tuesday night that the debt ceiling bill negotiated between House GOP leadership and the White House would reduce budget deficits by $1.5 trillion over the next 10 years. If the bill is enacted, the agency wrote tha...
After years of obsessing mostly on his own over changing the debt limit, racking up trivia like how the process was an inadvertent fluke of World War I, Boyle said he started feeling the change three weeks ago, when he stood up after a presentation about expected cuts at a dinner of 50...