As the United States heads towards the 2024 election, growing concerns about the nation’s swelling debt are casting shadows over the bond market. With projections indicating that federal deficits will …
"inflation"
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The question of whether Americans were better off economically under President Donald Trump or President Joe Biden has become a central issue as the country approaches another election cycle. According …
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U.S. Interest Payments Now Exceed Defense and Medicare Spending as National Debt Grows
Congress has allocated more funds to interest payments than to national defense and Medicare combined. In the first seven months of the fiscal year, spending on net interest reached a …
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Despite President Joe Biden’s efforts to expand health insurance coverage—a long-standing goal of the Democratic Party—rising healthcare costs threaten to undermine these gains. While the Biden administration has achieved a …
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The financial stability of Medicare, a critical lifeline for over 66 million Americans, is under renewed scrutiny. A recent trustees report has extended Medicare’s Hospital Insurance Trust Fund’s solvency by …
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President Joe Biden’s expansive migration policy is notably impacting the U.S. housing market and financial stability. As reported by the Wall Street Journal and key figures in the Federal Reserve, …
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In an economic climate reminiscent of the early ’90s, American families are once again grappling with soaring food prices. [Source] A recent Wall Street Journal report highlights this alarming trend, …
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The United States’ national debt has soared to record highs of $34 trillion. This historic peak in debt, as reported by the Treasury Department, marks a turning point in the …
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GOP Showdown: Key Moments from the Second 2024 Republican Presidential Debate
The much-anticipated second Republican presidential debate proved to be an event filled with discussions on crucial issues. [Source] Seven candidates met at the Ronald Reagan Presidential Library in Simi Valley, …
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Crude oil prices have surged past $92 a barrel, causing gasoline prices to hit a record high for 2023. [Source] On Monday, the national average for gasoline was a staggering …