The U.S. national debt surpassed $34 trillion for the first time this month.(istock / iStock) The exact point at which the federal debt and the cost of servicing it becomes unsustainable is an open question. A recent report by the Congressional Research Service (CRS) noted, "Of particula...
A second federal judge in two days has blocked President Donald Trump’s executive order ending birthright citizenship for the children of parents who are in the U.S. illegally Associated PressFeb. 6, 2025 Create an Account Create a free account to save articles, sign up for newsletters and ...
Sean Baker has won best director at the Oscars for “Anora,” the story of a Brooklyn exotic dancer who marries the impetuous son of a Russian oligarch Associated PressMarch 2, 2025 ‘No Other Land,' an Israeli-Palestinian Collaboration, Wins Oscar for Best Documentary ...
Maryalene LaPonsie,Tracy StewartandKaty MarquardtJan. 21, 2025 Retirement Guides Your Guide to Retirement Planning Social Security Benefit Questions Retirement Contributing to a 401(k) in 2025 Here's how to select the amount to save in your 401(k) plan. ...
Despite being kept separate from government finances, the Committee for a Responsible Federal Budget estimates that the total cost to the nation of stabilizing Fannie Mae and Freddie Mac added $238 billion to the national debt. Nonetheless, the structure that allows the Federal government to exclude...
In particular, a high debt-to-output ratio might increase the probability of sovereign default and, thus, the cost of borrowing. Taking into account such effects would imply a higher welfare benefit of government debt reduction. We examine the sensitivity of our results to an increase in the ...
Much of the global south actually sees the West’s focus on Ukraine as a distraction from other, more pressing issues like food security, inflation and mounting debt. Analysts and political scientists cite four main factors shaping India’s policy toward Ukraine and Russia: History, energy, arms...
in addition to overseeing our Luxembourg platform. He has in excess of 20 years experience within the real estate industry across financial reporting, real estate tax, transaction due diligence, fund structuring and debt origination, having worked on deals in all of the major markets across Europe...
A range of factors indicate that it may be difficult for the government to absorb the additional medical-cost burden. First, recent record-high federal budget deficits have brought the federal debt to historic highs. 14 The two largest deficits in history occurred in 2020 and 2021 at $3.1 tri...
It could also make it more expensive for the United States to finance its mountain of debt. For months, investors have been bracing for post-election chaos that could rattle financial markets. Those worries have been amplified by President Donald Trump’s baseless claims that the election is ...