Is the US government really borrowing from Social Security to fund other programs? Here’s what Americans need to know about the upcoming ‘crisis’
The truth behind Social Security's funding. To understand the government's borrowing from Social Security, it's important to ...
CNN on MSN12d
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Marketplace11d
Why the U.S. government owes itself money
A closer look at the U.S. government's $36 trillion debt — some of which is "intergovernmental," meaning money the government ...
Fed’s Powell sidesteps Trump’s tariff policies, repeats support for free trade
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Increasing defence spending will mean government breaking promises elsewhere
Bringing up defence spending to 2.5% of GDP would amount to an extra £5bn-£6bn in cash terms, a figure that could easily eat ...
AOL27d
How much money is the UK government borrowing, and does it matter?
But, if it can't, the government covers the gap by raising taxes, cutting spending or borrowing. Higher taxes mean people have less money to spend, so businesses make less profit, which can be bad ...
Rand Paul highlights ‘reckless’ government spending on foreign aid
Government spending has received extra scrutiny since President Donald Trump began his second term on Jan. 20. With the ...
businessday8d
Naira, public borrowing seen pushing money supply growth by 51%
The naira devaluation and government borrowing have pushed money supply growth by 51 percent in one year, according to ...