National Debt

Cutting the Deficit Will Be Difficult

Cutting the Deficit Will Be Difficult

By Ernest Werlin|2024-12-30T21:32:41+00:00December 30th, 2024|Categories: Economics|Tags: Deficit, Elon Musk, National Debt, Wall Street Journal|

In today’s Wall Street Journal, “Cutting the Deficit is Easy-Just Unpopular,” the author, Grep Ip pointed out that cutting the deficit will be very difficult. Certainly, not politically easy. In 2024, the deficit was [...]

The U.S Government’s Mounting Debt Will Make Our Interest Costs Soar

The U.S Government’s Mounting Debt Will Make Our Interest Costs Soar

By Ernest Werlin|2024-02-21T23:13:42+00:00February 21st, 2024|Categories: Economics|Tags: Federal Debt, National Debt|

Treasury yields have increased to multiyear highs, forcing the U.S. government to pay significantly more in interest. This in turn is putting significant pressure on the budget. America is expected to spend $870 billion, or [...]

National Debt

Cutting the Deficit Will Be Difficult

Cutting the Deficit Will Be Difficult

The U.S Government’s Mounting Debt Will Make Our Interest Costs Soar

The U.S Government’s Mounting Debt Will Make Our Interest Costs Soar

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