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Recent News Headlines : National Statistics
SUGAR HIT FROM TRUMP TAX CUTS TO BOOST WORLD ECONOMY
The Trump tax cuts are expected to propel global growth to 3.9 per cent in 2018, the most since 2010... READ MORE›
CHINESE CAUTION ON U.S. DEBT CLOUDS FINANCING FOR TRUMP'S TAX CUT
China owns almost 1.2 trillion of U.S. government debt, more than double the level from a decade ago... READ MORE›
CHINESE CAUTION ON U.S. DEBT CLOUDS FINANCING FOR TRUMP'S TAX CUT
China owns almost 1.2 trillion of U.S. government debt, more than double the level from a decade ago... READ MORE›
FORMER TREASURY SECRETARY LEW SAYS TAX CUTS LEAVING US BROKE
We are going to see proposals to cut health insurance for poor people, to take basic food support away from poor people, to attack Medicare and Social Security... READ MORE›
CRASHING STOCK MARKET COULD BE GOOD FOR WASHINGTON
The stock market bubble has people up to their ears in unrealized capital gains... READ MORE›
TRUMP'S TAX CUT BILL MORE OF A POLITICAL GAME
But the current actual corporate tax level is already very close to 21 percent, instead of the nominal 35 percent... READ MORE›
IN TAX PUSH, TRUMP'S TEAM USES A DUBIOUS GROWTH ESTIMATE
Both Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan have said that the tax cuts wouldn't add to budget deficits... READ MORE›
TRUMP PLANS TO MAKE CLOSING ARGUMENT FOR TAX OVERHAUL WEDNESDAY
President Trump's speech will take place in Washington, said the person, who wasn't authorized to speak publicly about the event... READ MORE›
WHY REPUBLICANS WHO ONCE FOUGHT BUDGET DEBT NOW EMBRACE IT
When did Republicans stop worrying and learn to love budget deficits? Over the next decade, their tax plan would add at least 1 trillion to the nation... READ MORE›
BARRY GARDINER REFUSES TO SAY WHEN THE DEFICIT WOULD BE ELIMINATED UNDER A LABOUR GOVERNMENT
It comes after after John McDonnell also refused to answer questions about figures on Labour's borrowing plans because MPs have iPads and advisers for that... READ MORE›
MANAFORT INDICTMENT CASTS DOUBT OVER TRUMP'S TAX REFORM PLANS
At worst, tax reform might not happen as Washington waits to see whether Trump can survive... READ MORE›
CORPORATE TAX CUT WOULD BE PHASED OUT AFTER DECADE IN GOP PLAN
Cutting the corporate tax rate to 20 percent from 35 percent is a key provision of the tax legislation that Republican congressional leaders plan to unveil on Thursday... READ MORE›
Trending News Headlines : National Statistics
TRUMP LASHES OUT AT MEDIA FOR FAILING TO REPORT DEBT DECREASE
WASHINGTON - President Trump took to Twitter on Saturday morning to claim the media ignored some good news about his administration... READ MORE›
AMERICA'S BIGGEST CREDITORS DUMP TREASURIES IN WARNING TO TRUMP
After accounting for hedging costs, 10-year Treasuries yield about 0.9 percent, roughly 10 times the return offered by Japanese government bonds... READ MORE›
THEY SAID WHAT? FACT-CHECKING THE FINAL DEBATE BETWEEN CLINTON AND TRUMP
A running compilation of fact-checking during the third and final presidential debate between Hillary Clinton and Donald Trump... READ MORE›
CANADA'S RECORD HOUSEHOLD DEBT IS THREATENING ITS FINANCIAL STABILITY
He estimates Canada's total debt swelled to 294 percent of GDP in the second quarter and even higher in the third... READ MORE›
NHS TRUSTS' OVERSPEND IS ?3BN HIGHER THAN REPORTED, STUDY CLAIMS
Nuffield Trust says official ?791m figure does not accurately reflect the scale of financial challenge facing NHS in England... READ MORE›
TRUMP SUGGESTS PUERTO RICO'S DEBT MAY NEED TO BE 'WIPED OUT'
Puerto Rico Debt Crisis Making Sense of the Debacle Moody's Analytics estimated that the island sustained 95 billion in hurricane-related damage... READ MORE›
LIBYA ON BRINK OF ECONOMIC COLLAPSE
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
CHINA UNVEILS THREE MAJOR DECISIONS WITHIN THREE MINUTES
As the world focuses on the race for the White House, China unveiled three major decisions within three minutes of each other on Monday... READ MORE›
CANADA REVENUE AGENCY ERROR LEAVES MOTHER SHORT THOUSANDS IN CHILD BENEFITS
Filed complaints with CRA, ombudsman Davoudi has filed an official service complaint with CRA and complained to the taxpayers' ombudsman... READ MORE›
TRUMP: U.S. WILL NEVER DEFAULT 'BECAUSE YOU PRINT THE MONEY'
Trump U.S. will never default 'because you print the money'... READ MORE›
HOW REPUBLICANS PLAN TO SPEND LIKE CRAZY WITHOUT RUNNING UP DEBT
A multiplier is the expected extra effect of a fiscal policy Spend 1, and you might get 1.60 of economic growth... READ MORE›
TRUMP'S FAULTY TRADE MATH MAY NOT MAKE AMERICA GREATER, OR RICHER
Most economists disagree with the notion that the trade deficit matters much to a country as large and self-sufficient as the United States... READ MORE›
TRUMP'S NONSENSICAL CLAIM HE CAN ELIMINATE $19 TRILLION IN DEBT IN EIGHT YEARS
In the eight years of a putative two-term Trump presidency, the CBO projects a total of 10 trillion in discretionary spending... READ MORE›
JOHN MCDONNELL SAYS EMERGENCY FUNDS COULD SOLVE SOCIAL CARE CRISIS
Shadow chancellor calls on government to use autumn statement's 'fiscal headroom' to protect the elderly and the vulnerable... READ MORE›
MARKETS WORRY TRUMP MAY HAVE TO USE OBAMA'S SECRET DEBT CEILING PLAN
Deep within the Treasury Department sits a once-secret plan written by the Obama administration that could lead to the first-ever default on U.S. debt... READ MORE›
WITH EUROPE BEHIND IT, GREECE IS BEING PUSHED INTO FURTHER PERIL
The pre-referendum terms have been made tougher, both through the quasi-automatic spending cuts and through the enforced sell-off of Greece's assets... READ MORE›
'WASHINGTON WILL LIFT DEBT CEILING TO INTERVENE IN MORE COUNTRIES'
Lew Rockwell Unfortunately, I think the debt ceiling will be raised... READ MORE›
CHINA CEDES TOP U.S. CREDITOR CROWN TO JAPAN AS YUAN STRUGGLES
In October, China's holdings of U.S. Treasuries fell by 41.3 billion to 1.115 trillion, according to data from the U.S. Treasury Department... READ MORE›
DONALD TRUMP MOVES TO CLEAN UP ECONOMIC COMMENTS
This is the United States government, Trump told CNN's Chris Cuomo... READ MORE›
MOST ECONOMISTS AGREE: TRUMP TAX PLAN WILL WIDEN BUDGET DEFICIT
Trump's tax cut proposal calls for wide-ranging changes in the tax code for both companies and individuals... READ MORE›
NATIONAL TRUST CALLS FOR COMPLETE REFORM OF BRITISH FARM SUBSIDIES
Proposals would see the basic income support system of subsidies scrapped and farmers being paid out of public funds for environmental services... READ MORE›
BE CAREFUL, IT COULD GET PAINFUL
In October, Trump claimed his plan would unleash growth of 5 percent or 6 percent... READ MORE›
HOW TRUMP COULD ACCIDENTALLY FUEL A GLOBAL TRADE BOOM
Far from jolting the U.S. into a protectionist lurch, might President-elect Donald Trump unwittingly help buoy global trade next year?... READ MORE›
MAN WHO RAN GEORGE OSBORNES TREASURY COMES OUT AGAINST HIGH SPEED TWOA
Lord Macpherson, the Treasury's permanent secretary from 2005 to 2016, has told The Sunday Telegraph that the money should be spent on other road and rail projects... READ MORE›
A $1 TRILLION PAIN TRADE IN TREASURIES DIVIDES TOP BOND DEALERS
As a result, overall Treasury issuance has to rise a lot in the coming years... READ MORE›
RIGHT-TO-BUY BATTLE LOOMS IN LORDS
All that changes if housing associations are classified as public bodies... READ MORE›
GREECE PASSES TAX AND PENSION REFORMS
Greece's parliament has passed a package of tax and pension reforms, ahead of a crucial meeting of Eurozone finance ministers on Monday... READ MORE›
TRUMP'S INFRASTRUCTURE PLAN: POTHOLES OR A SMOOTH RIDE?
Some experts are skeptical of plan to finance the 550 billion proposal with private money... READ MORE›
ALBERTA BUDGET GOES DEEP IN THE RED TO FIGHT ECONOMIC DOWNTURN
The Alberta NDP government is borrowing billions of dollars to finance its operations and will exceed its own legislated debt ceiling in three years... READ MORE›
VOTERS FACE EPIC CHOICE AT GENERAL ELECTION OVER THE SIZE OF THE STATE
Balls also sees no reason to aim ideologically, as Labour sees it for an overall surplus on the public finances... READ MORE›