James K. Galbraith asks whether US Treasury Secretary Scott Bessent is right to urge the Federal Reserve to lower interest ...

The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing ...

The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...

President Donald Trump has vowed not to cut Social Security benefits, and it’s easy to understand his position: Proposing even modest reforms to the entitlement program represents a likely path to ear ...

Instead of ranting about the US Federal Reserve’s monetary policy or making unrealistic debt issuance plans, the administration should exercise pragmatic options. Begin with fiscal prudence, a big ...

THE US’ leaders have latched onto the idea that they can address some big problems – most notably a gaping budget deficit – ...

Scott Coulter got little traction on his idea to avert the trust fund’s insolvency, accelerated by the tax-and-spending bill.

Trump’s “one big beautiful bill” is now law, packed with front-loaded goodies and back-loaded pain. As Medicaid cuts loom and ...

The S&P 500 ended Tuesday marginally lower after President Donald Trump said that there would be no extensions on his new Aug ...