Fiscal Deficit

The Congressional Budget Office (CBO) has projected that President Donald Trump‘s extensive tariff plan will decrease deficits by $2.8 trillion over the next 10 years. However, the plan is also expected to cause economic contraction and inflation. What Happened: The CBO’s...

Scott Bessent, the U.S. Treasury Secretary, dismissed concerns over the U.S. government debt and the inflationary impact of tariffs on companies such as Walmart Inc. (NYSE:WMT). What Happened: Following Moody’s Ratings downgrade of the U.S. credit rating on Friday,...

Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, warns of economic instability due to high global debt levels and urges fiscal responsibility. What Happened: In an interview with Tucker Carlson at the Word Governments Summit 2025, Ray Dalio outlined his systematic...

In the face of a $35 trillion federal debt crisis, global asset manager BlackRock Inc. (NYSE:BLK) strategically advocated for Bitcoin (CRYPTO: BTC) as a safeguard, potentially raising the upside potential of the world’s largest cryptocurrency. What Happened: BlackRock noted concerns about the...

Warren Mosler, a prominent figure in Modern Monetary Theory (MMT) and American entrepreneur, echoed the sentiments of experts such as Stanley Druckenmiller, Citadel’s Ken Griffin has criticized the U.S. government’s spending habits, comparing them to a “drunken sailor.” What...

The International Monetary Fund (IMF) urged the United States to address its escalating fiscal burden promptly. The IMF’s criticism came ahead of the first presidential debate and targeted the tax plans proposed by candidates. What Happened: In the IMF’s annual Article IV health check...

The Congressional Budget Office (CBO) is once again sounding the alarm on the rising federal deficit, highlighting a growing financial strain for the U.S. government. Escalating interest costs are set to outpace defense spending for the first time. This trend is expected to keep budget deficits at...

Jamie Dimon, CEO of JP Morgan Chase & Co. (NYSE:JPM), raised concerns about the perilous state of the U.S. fiscal deficit, which has swelled to a staggering $1.9 trillion in 2024. This deficit, amounting to over 6% of the nation's GDP, shows no signs of diminishing in the coming years. “...

Financial analyst Gordon Johnson has voiced strong criticism towards Federal Reserve Chairman Jerome Powell, referring to him as the “gaslighter-in-chief” in relation to the growing national debt. What Happened: During CNBC’s “Last Call” on Monday, Johnson expressed...

The U.S is advancing towards a significant debt crisis due to a fiscal deficit at “worst structural point since World War II," warns investor Matthew McLennan. McLennan, co-head of First Eagle's Global Value team, expresses concern over the equity and bond market’s relative...