‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

The richest man in the world joins prominent financial leaders in supporting a plan to lower the deficit to 3% of GDP.
Committee for a Responsible Federal Budget

Unilateral Executive Tax Cuts Could Add Hundreds of Billions to Debt

The Trump Administration is reportedly considering an executive action – at the urging of lawmakers in both the ...
Opinion
Committee for a Responsible Federal BudgetOpinion

CBO Estimates $1 Trillion Deficit for First Five Months of FY 2026

The United States borrowed $1.0 trillion in the first five months of Fiscal Year (FY) 2026, including $308 billion in February, according to the latest ...

U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

Last Tuesday saw the single busiest day on record for U.S. corporate bond sales.

A former IMF economist says he's worried that military spending will widen the US deficit and jack up borrowing costs

Panics about the rising US deficit have stirred up bond vigilantes before. An economist thinks concerns about military ...
WTAE-TV

CBO: Federal deficits and debt to worsen over next decade

The nonpartisan Congressional Budget Office's 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, ...