Tagged With Deficit

Ted Cruz claimed that Trump didn't promise to cut the federal debt. But eliminating it was a major part of the president's 2016 campaign — and he hasn't come close.


Trump boasts the economy reached historic heights during his first term. Here are 9 charts showing how it stacks up to the Obama and Bush presidencies.


Investing legend Bill Gross says there is 'little money to be made' in the world as stimulus wanes and lists 3 sectors investors should buy to play defence



Billionaire investor Stanley Druckenmiller says the stock market is in a Fed-fuelled 'raging mania' that could lead to a 5-year hangover


Billionaire investor Leon Cooperman says stock market returns will be 'relatively unimpressive for a long time' after the rebound rally


Comedian Jerry Seinfeld and author James Altucher are tussling over whether New York City is dying. Here's why both men are right.



A top economist says the $4 trillion federal deficit isn't the problem — it's how we're spending the money


'It's absolutely a bad-faith argument': Rep. Ocasio-Cortez slams Republicans for invoking the $25 trillion federal debt as a reason to restrain government spending


'The era of tax cuts is over': The wealthy US 'investor class' will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says


Mitch McConnell says cash-strapped states hit by the coronavirus should go bankrupt rather than receive emergency federal aid


Trump's chief of staff Mick Mulvaney just admitted Republicans are total hypocrites on cutting the federal deficit


As the US budget deficit barrels toward $1 trillion, the White House doubles down on claim that tax cuts will 'pay for themselves'



US budget deficit jumps in January, putting it on track to hit $1 trillion for first time since 2012


A quick guide to the latest White House budget plan, which slashes safety net programs and ramps up military spending


Trump promised to eliminate the deficit within 8 years. It would take until 2035 under his new budget proposal.


Trump's favourite trade war scorecard posted its best figure in 6 years in 2019



The US budget deficit is projected to top $1 trillion this year, its highest level since 2012


Trump says reforming Social Security and Medicare is 'the easiest of all things' as he appears open to cutting entitlement spending


'Who the hell cares about the budget?': Trump tears into critics of mounting federal spending and debt under his watch


Former Fed Chair Janet Yellen says it's OK for the US to add to its $23 trillion debt pile — as long as it's used to pay for climate change and education programs