US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...
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Treasury Secretary Scott Bessent says he can't rule out the possibility of a recession
US Treasury Secretary Scott Bessent said Sunday during an NBC ... wine and spirits and placed 25% tariffs on all steel and ...
U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or ...
U.S. Could Run Out of Cash by July, Analysis Finds
The Bipartisan Policy Center estimates that the so-called X-date could fall between mid-July and early October if Congress ...
What's in Trump's April 1 trade reports ahead of US reciprocal tariffs
U.S. President Donald Trump's hotly anticipated reciprocal tariff announcement on Wednesday will be based in part on ...
FT: Ukraine will not sign a rare earth deal with the United States in the coming days
Ukraine is unlikely to sign a mineral agreement with the United States next week, the Financial Times reports, citing three ...
Taiwan defends trade, currency record ahead of possible US tariffs
Taiwan's central bank on Wednesday defended the island's trade and currency record ahead of possible tariffs from U.S.