The United States has a huge budget deficit — more than $828 billion so far in fiscal year 2024. Numbers this large are difficult to comprehend, so you may be wondering just what this means for you. A ...

U.S. government bonds, or Treasuries, are the primary way the federal government borrows money and one of the world’s most widely traded financial instruments. America’s debt is the total amount of ...

"We spent a lot of money during and after COVID, and our deficit is 6%," Jamie Dimon noted. Dimon emphasized the urgent need to address the fiscal deficit for global economic stability. Get ...

THERE APPEARS to be a broad consensus across the different sectors of our society that fiscal deficits are to be avoided. The rationale is that a government cannot spend more than it collects in taxes ...