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US National Debt Hits Record $39 Trillion ($113,616 Per Person!) And $40 Trillion Could Be Right Around The Corner
Thursday, March 19, 2026 - 12:59pm | 535Read More...The national debt hit a record $39 trillion this week, which comes as spending on defense ramps up after an attack on Iran and heightened tension in the Middle East. Here's a look at when the country could hit the next milestone of $40 trillion. National Debt Climbs to $39 Trillion After hitting...
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Ross Gerber Touts An Idea To Cut Deficit By Trillions Of Dollars: 'Let The Tax Cuts Expire And Full SALT Come Back'
Thursday, June 26, 2025 - 7:36am | 667Read More...As the One Big Beautiful Bill Act of 2025 proposes tax relief for individuals, it is also estimated to increase the federal deficit. However, this expert proposes an idea that could help cut trillions of dollars in deficit. What Happened: Financial commentator Ross Gerber of Gerber Kawasaki has...
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Jeremy Siegel Backs Ted Cruz's Plan To End Fed Interest Payments On 'Excess Reserves,' Potentially Saving $2 Trillion In Deficits: 'Not A Trivial Concern'
Tuesday, June 10, 2025 - 6:52am | 563Read More...After Sen. Ted Cruz (R-Texas) pushed for abolishing the interest paid by banks on their deposits with the Federal Reserve, senior economist Jeremy Siegel supported his arguments, whereas the JPMorgan Chase & Co. strategists opposed the idea, warning of serious implications. What Happened: Cruz...
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Trump's 'Big Beautiful Bill' Advances: Here's Who Wins And Loses
Monday, May 19, 2025 - 5:06pm | 944Read More...President Donald Trump's sweeping legislative package is, as expected, divisive. Republicans are pitching it as “One, Big Beautiful Bill.” Democrats are calling it “one big beautiful betrayal.” Here's a look at some of the bill’s key elements. The Winners: The...
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Is Betting The Only Way To Prosperity?
Tuesday, July 26, 2011 - 10:54am | 704Read More...It is no secret that the U.S. economy is growing at a stagnant rate and the country is complaining seemingly every day about another economic problem. Unemployment is over 9% and could be headed higher when we find the results of the July jobs report. Congress is playing a game of chicken with...
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Republicans Release Proposed Budget
Wednesday, April 6, 2011 - 12:20pm | 203Read More...House Republicans released their plans Tuesday morning to reduce the federal deficit by $5 trillion over the next decade. Republican Paul Ryan, House Budget Committee Representative, unveiled the plan not as a proposal for legislation, but rather as a guideline for future action in Congress and as...
