Tag: national debt

Raising taxes and trimming the budget can slow future growth of the debt, but they are unable to fix the underlying problem.

Dissecting Economic Pessimism: Analyzing Steve Rattner's Perspective on Public Sentiment

House Speaker Mike Johnson's push for a debt commission sparks concerns over the future of Social Security and Medicare.

Americans own 40% of the world's guns, the Republican tax plan has made the U.S. debt the highest since World War II, Justice Anthony Kennedy to retire, and more.

The moneyed interests who run the GOP depend on the Trump bomb to divert attention from their huge heist.

If our legislators and central bankers can find trillions of dollars to bail out Wall Street banks, they can find the money to help an American territory suffering the worst humanitarian crisis in its history.

Japan has found a way to write off its national debt without creating inflation. Why can’t we do that?

Democrats should be talking about the type of society that we will be giving to our kids, not shaving a few dollars off the interest payments on the debt.

“The overall composition of Congress is not going to change much at all after the election. So, really, the only way to reboot America is to have a smart, benevolent dictator.”

As Congress debates another federal budget deficit, the national debt and the debt ceiling, here are three reasons why the Republican deficit hawks are wrong and the one economically sound answer to the problem.