U.S. Could Default as Soon as July if Debt-Ceiling Standoff Isn’t Resolved

We CBO estimates US may be unable to pay bills on time between July and September

opinion | Biden Tells A Deficit Fairy Tale

The red ink goes into the new fiscal year as spending increases despite White House claims.

Federal Deficit Widened to $85 Billion in December

Politics Higher borrowing costs are driving up the bigger deficit so far this fiscal

Federal Deficit Widened to $220 Billion in August

WASHINGTON—The federal government ran a deficit of $220 billion in August, a shortfall that widened compared…

Argentina Will Stick to IMF Targets to Reduce Budget Deficit

Sept. 12, 2022 8:44 pm ET Listen to article (2 minutes) Argentina will stick to a…

Opinion | CBO Rebuts the White House on Student Loans

We told you on Saturday about the hilarious White House claim that its trillion-dollar student-loan cancellation…

Opinion | A White House Student Loan Forgiveness Whopper

Many student borrowers get into trouble because they don’t understand basic financial management. Neither do the…

Taiwan Proposes Big Jump in Military Spending Amid Chinese Pressure

TAIPEI—Taiwan unveiled plans to boost military spending by its largest margin in 15 years in response…

Opinion | Good Government or Big Government?

The Committee for a Responsible Federal Budget seems to have given up that goal.

Shrinking Deficits Cushion Fed’s Retreat From Markets

This copy is for your personal, non-commercial use only. Distribution and use of this material are…