The Trump administration’s new budget update shows the federal deficit rising to $890 billion for the current fiscal year and soaring well past $1 trillion in Fiscal 2019 -- despite the administration’s overly optimistic economic projections and its proposed spending…
The American economy is at risk for a variety of reasons: high and rising federal debt, mounting interest and health costs, recent tax and spending decisions, and widespread complacency -- in Washington and around the country -- about the difficult…
The United States has earned a dubious distinction, according to the International Monetary Fund (IMF): It is the only economically advanced country in the world that plans to dig itself deeper into debt over the next five years. The IMF…
WASHINGTON -- President Trump’s proposed budget for Fiscal 2019 falls far short of what is needed to put the nation’s finances on a sustainable path, particularly in light of the deficit-financed spending and tax breaks that he and Congress approved…
