We’ve all heard stories about interventions for addicts: family and friends draw an addicted loved one into a room and begin a confrontation about his or her addiction issues, threatening a cut off unless that person…
John Puri writes for National Review Online about the origins of our massive federal government debt. This week marks an ignoble milestone: America’s national debt is crossing $40 trillion for the first time, months earlier…
Washington is facing a growing challenge in the bond market as investors demand higher returns to lend money to the federal government while artificial intelligence giants ramp up borrowing to finance their infrastructure…
Nvidia and a group of major investment firms announced Monday they were launching a $500 billion financing initiative to fund new artificial intelligence (AI) infrastructure, which could revive jitters about a debt-induced…
Senate Majority Leader John Thune said Thursday that he would “love” for spending cuts to be included in future negotiations over raising the debt ceiling.Thune said Wednesday that the debt ceiling would have to be raised in…
Senate Majority Leader John Thune said Thursday that he would “love” for spending cuts to be included in future negotiations over raising the debt ceiling.Thune said Wednesday that the debt ceiling would have to be raised in…
On May 2nd, 2026, Texas voters did something astonishing. They approved more new debt in that single afternoon than the entire gross domestic product of the country of Uganda. The $76.4 billion in new principal debt …
House Republican leadership on Wednesday did not include budget cuts in a third budget reconciliation package as the U.S. national debt nears $40 trillion.The reconciliation package would cost $95 billion, including $10…
The U.S. national debt exceeded the total amount of output from the entire economy as of March 31, The Wall Street Journal reported Thursday.The country’s publicly held debt was $31.265 trillion, while the nation’s Gross…
America finds itself at a historic crossroads. As President Trump settles into his second term, he is confronting a fiscal landscape that would make even the most seasoned tycoon break a sweat.The numbers are staggering: a …
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