The latest action means Treasury will not invest retirement savings held in two government pension funds until Congress acts... READ MORE›
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›
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›
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›
At worst, tax reform might not happen as Washington waits to see whether Trump can survive... 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›
Trump's tax cut proposal calls for wide-ranging changes in the tax code for both companies and individuals... READ MORE›
After the election, he said that Mexico would reimburse the US... 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›
FEMA Is Almost Out of Money and Hurricane Irma Is Approaching... READ MORE›
Mick Mulvaney R-S.C. to be his director of the Office of Management and Budget... 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 rejects the notion that balancing the budget requires painful choices... READ MORE›
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›
In the eight years of a putative two-term Trump presidency, the CBO projects a total of 10 trillion in discretionary spending... READ MORE›
Barack Obama will go down in history as having sold more Treasuries and at lower interest rates than any U.S. president... READ MORE›
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›
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›
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›
Lew Rockwell Unfortunately, I think the debt ceiling will be raised... 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›
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›
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›
It will be one of the greatest military buildups in American history, Trump said... READ MORE›
As a result, overall Treasury issuance has to rise a lot in the coming years... READ MORE›
Washington reacted to President Trump's proposed budget with horror... READ MORE›
All that changes if housing associations are classified as public bodies... READ MORE›
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 Mnuchin... READ MORE›
The government intends to pay its debts and the debt ceiling will be raised... READ MORE›
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›
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›
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›
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›
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