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Recent News Headlines : United States Public Debt
US TREASURY HALTS PENSION INVESTMENTS TO AVOID DEBT DEFAULT
The latest action means Treasury will not invest retirement savings held in two government pension funds until Congress acts... 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›
BEHIND TRUMP'S $250 BILLION DEALS WITH CHINA ARE MOSTLY NONBINDING PLEDGES WITH LITTLE SUBSTANCE
The U.S. is currently investigating China's intellectual property practices, a move that Beijing has said could lead to a trade war... 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›
POLS TRYING TO MAKE TRUMP'S TAX PLAN LESS DAMAGING TO US DEFICIT
And that's why I continue to think more strongly than ever that a complete tax reform like what Washington is proposing will be impossible to accomplish... 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›
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›
Trending News Headlines : United States Public Debt
EVERY US HOUSEHOLD WILL PAY $120 FOR THE BORDER WALL IF MEXICO DOES NOT REIMBURSE THE COST
After the election, he said that Mexico would reimburse the US... READ MORE›
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›
FEMA IS ALMOST OUT OF MONEY AND HURRICANE IRMA IS APPROACHING
FEMA Is Almost Out of Money and Hurricane Irma Is Approaching... READ MORE›
TRUMP'S OMB PICK SEEMS POISED TO IGNITE A WORLDWIDE FINANCIAL CRISIS
Mick Mulvaney R-S.C. to be his director of the Office of Management and Budget... 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›
TRUMP PROMISED TO ELIMINATE NATIONAL DEBT IN EIGHT YEARS. GOOD LUCK WITH THAT
Trump rejects the notion that balancing the budget requires painful choices... 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›
OBAMA'S SUCCESSOR INHERITS BOND MARKET AT EPIC TURNING POINT
Barack Obama will go down in history as having sold more Treasuries and at lower interest rates than any U.S. president... 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›
GOP EYES BUDGET MANEUVER TO ALLOW $450 BILLION MORE IN TAX CUTS
The chief House tax writer, Kevin Brady, also signaled openness to the approach last month, saying it would lead to deeper tax cuts... 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›
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›
A CHILD BORN TODAY COMES INTO THE WORLD WITH MORE DEBT THAN YOU
And while the committee is non-partisan, they do have a policy bent on fixing the national debt and improving the way the budget is developed... READ MORE›
TRUMP VOWS ONE OF THE 'GREATEST MILITARY BUILD-UPS' IN US HISTORY
It will be one of the greatest military buildups in American history, Trump said... 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›
TRUMP BUDGET CUTS DON'T GO FAR ENOUGH
Washington reacted to President Trump's proposed budget with horror... READ MORE›
RIGHT-TO-BUY BATTLE LOOMS IN LORDS
All that changes if housing associations are classified as public bodies... READ MORE›
HOW THE DEBT CEILING DEBATE COULD AFFECT AMERICA'S CREDIT RATING
Ratings companies expect Treasury Secretary Steven Mnuchin will resort to prioritizing U.S. debt payments if Congress fails to raise his borrowing authority in time... READ MORE›
HURRICANE HARVEY COULD PUSH FORWARD U.S. DEBT CEILING DEADLINE
Hurricane Harvey could push forward U.S. debt ceiling deadline Mnuchin... READ MORE›
TREASURY CHIEF SAYS 'DEBT CEILING WILL BE RAISED'
The government intends to pay its debts and the debt ceiling will be raised... 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›
TRUMP PRESIDENCY COULD MEAN A "MATERIAL REPRICING" OF BONDS, GEORGE MAGNUS WARNS
With recent polls suggesting Donald Trump's electoral prospects are back in play, market participants are getting anxious about the vote next Tuesday... READ MORE›
UK SERVICE SECTOR POWERS AHEAD AMID SHARP RISE IN NEW BUSINESS -LIVE
Indeed, there is a growing prospect of a sub-1 inflation reading in January given the plunge in motor fuel costs and the ongoing supermarket price-war... READ MORE›
AUSTRALIA'S BUDGET DRIPS WITH RED INK, TOP CREDIT RATING AT RISK
The budget update showed the government expected a A 36.5 billion deficit for the year to June, slightly narrower than the initial forecast of A 37.1 billion... READ MORE›