18 articles
Senators Ted Cruz and Tim Scott are reportedly pushing for further tax cuts for the wealthy, allegedly asking the Treasury to illegally reduce capital gains taxes. This move, seen as a desperate bid for working-class votes ahead of midterms, ignites debate over fiscal policy and executive authority.
President Trump's proposal to replace income taxes with tariffs and the extension of lower tax rates under the 'One Big Beautiful Bill Act' for 2026 could reshape the U.S. fiscal landscape. Analysis suggests tariffs would need to increase dramatically to replace income tax revenue, while the new tax law offers adjusted brackets and expanded retirement savings options.
The U.S. Supreme Court has struck down a significant portion of President Trump's tariffs, ruling them illegal and potentially triggering billions in refunds. The decision curtails executive power, creates trade uncertainty, and poses fiscal challenges.
The U.S. national debt is evolving into a national security threat, with projections reaching $56 trillion by 2036. Escalating interest payments and geopolitical risks associated with foreign debt holdings are raising concerns among investors and policymakers.
US government interest payments are projected to exceed $1 trillion in 2025, becoming the second-largest federal expense. This fiscal shift, driven by deficit spending and rising rates, poses challenges to the dollar's value and underscores the need for investor diversification.
Proponents of Alberta separatism promise fiscal utopia, but economic analysis reveals significant risks and unaddressed costs. Examining the arguments around transfer payments, the Canada Pension Plan, and the practicalities of secession highlights the complex financial realities confronting the movement.
The U.S. national debt has surged past $38.7 trillion, with daily increases nearing $8 billion. Annual interest payments now exceed $1 trillion, surpassing national defense spending. This escalating deficit raises concerns about currency devaluation and historical economic instability.
The U.S. Treasury is increasingly issuing short-term debt, akin to adjustable-rate loans, to manage its $38 trillion national debt. This strategy lowers immediate interest costs but exposes the government to significant risk if interest rates rise, mirroring past financial crises.
