Amid debates over Trump's budget plan, expert Jim Agresti defends the bill against claims it cuts Medicaid for the poor, arguing it aims to eliminate waste and incentivize work.
As Congress debates President Trump's ambitious legislation, the Congressional Budget Office faces scrutiny for projecting a $2.4 trillion increase in federal deficits, igniting fierce political battles.
The latest U.S. Treasury auction of 20-year bonds faced weak demand as fears over rising national debt and a contentious tax-and-spending bill grow. Investors are increasingly worried about fiscal responsibility amidst economic uncertainty.
As Congress grapples with Trump's plan to use a Qatari jet as Air Force One, lawmakers face a dilemma that could impact GOP unity and national security ahead of midterms. Discover the possible legislative moves!
Moody's has downgraded the US sovereign credit rating, raising alarms about a growing debt crisis. As Congress debates a massive fiscal bill, investors are on edge, fearing higher borrowing costs and political turmoil.
In a fierce response to Moody's credit downgrade, White House communications director Steven Cheung calls out the rating agency's economist, Mark Zandi, labeling him a political adversary of Trump. As Congress debates a new tax package, concerns about the U.S.'s soaring $36 trillion debt continue to mount.
