President Trump's speech will take place in Washington, said the person, who wasn't authorized to speak publicly about the event... READ MORE›
The driver of our debt is the structure of Social Security and Medicare for future beneficiaries, Sen. Marco Rubio, R-Fla., said this week... READ MORE›
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›
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›
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›
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›
A report from the non-profit Washington-based Tax Policy Centre found that in 2018, about 12 percent of taxpayers would face a tax increase of roughly 1,800 on average... READ MORE›
Trump's tax cut proposal calls for wide-ranging changes in the tax code for both companies and individuals... READ MORE›
WASHINGTON - President Trump took to Twitter on Saturday morning to claim the media ignored some good news about his administration... READ MORE›
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›
A running compilation of fact-checking during the third and final presidential debate between Hillary Clinton and Donald Trump... READ MORE›
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 U.S. will never default 'because you print the money'... READ MORE›
However, this market is in its infancy, Spajic said of China's corporate credit and government debt... READ MORE›
Shadow chancellor calls on government to use autumn statement's 'fiscal headroom' to protect the elderly and the vulnerable... READ MORE›
Japan, America's largest foreign creditor, trimmed its holdings for a second straight year... READ MORE›
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›
This is the United States government, Trump told CNN's Chris Cuomo... READ MORE›
In October, Trump claimed his plan would unleash growth of 5 percent or 6 percent... READ MORE›
Far from jolting the U.S. into a protectionist lurch, might President-elect Donald Trump unwittingly help buoy global trade next year?... READ MORE›
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›
As a result, overall Treasury issuance has to rise a lot in the coming years... READ MORE›
Some experts are skeptical of plan to finance the 550 billion proposal with private money... READ MORE›
The People's Bank of China, owner of the world's biggest foreign-exchange reserves, has burned through a quarter of its war chest since 2014... READ MORE›
Balls also sees no reason to aim ideologically, as Labour sees it for an overall surplus on the public finances... READ MORE›
Yet after reaching 2.63 percent in March, 10-year yields once again retreated... READ MORE›
Yields on 10-year U.K government bonds, or gilts, have slipped below 1 percent... READ MORE›
Government spending in the first seven months of the year rose 14.5 percent on year, while revenues increased 10 percent... READ MORE›
As a result, for Japanese investors, the currency-hedged yield on 10-year Treasuries is about 0.9 percent, or more than 0.8 percentage point above JGBs with the same maturity... READ MORE›
Cuts Will Not Reduce the Government Deficit - In Fact They Could Do Quite the Opposite... READ MORE›
We recommended a growth target of around seven percent, said Zhu Baoliang, chief economist at the State Information Centre, a top government think-tank... READ MORE›
The world's second-largest economy grew 6.7 percent last year, supported by higher government spending and record bank lending, though it was still the slowest growth in 26 years... READ MORE›
Currently, interest rates on U.S. government debt are near historically low levels, meaning the government is able to borrow cheaply... READ MORE›
BIG HOLDERS Banks are big holders of government bonds, especially in the more indebted states that most need ECB support... READ MORE›
The largest deficit America has seen is 1.4 trillion in 2009, which dropped to 485 billion in 2014... READ MORE›
It targeted a 6.5 percent increase in fiscal spending and 5 percent growth in revenue, and said the imbalance between revenue and expenditure remains serious ... READ MORE›
Morneau has mainstream economic opinion firmly on his side as he runs deliberately into the red... READ MORE›
Kenyans can invest as little as 3,000 shillings directly from their mobile phone money accounts... READ MORE›
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