Harvard policy expert: ‘I am certain’ Iran war will cost U.S. taxpayers $1 trillion
Following the 2003 Iraq war, the Congressional Budget Office (CBO) projected the U.S. had spent $500 billion in…
Trump just raised the $39 trillion national debt with the largest budget hike since World War II—and nobody can figure out how to pay for it
President Trump’s fiscal year 2027 budget proposal, released Friday, calls for boosting total defense funding to $1.5 trillion—a…
Trump wants to add nearly $7T to the $39T national debt with military budget, watchdog warns
Budget hawks in Washington have their eyes trained on April 3, when the White House is scheduled to…
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel
The year was 1974 and President Richard Nixon had dispatched his Secretary of State Henry Kissinger to Saudi…
The Iran War’s Price Tag: Billions Lost While Americans Go Without
Wars are expensive. Besides causing a lot of killing, terror, and mayhem, wars also take huge bites out…
‘Living on borrowed time’: National debt’s at $39 trillion, a top diplomat warns of a crisis ahead
The United States national debt crossed $39 trillion for the first time this week, arriving at the grim…
The national debt was already ballooning under Trump. Then came a $1 billion-a-day war with Iran
The United States was already on an unsustainable fiscal trajectory, adding to the national debt at breakneck speed,…
How the Iran war’s nearly $1 billion-a-day price tag is deepening America’s debt crisis
On February 11, the Congressional Budget Office released its closely-watched, 10-year projections for the U.S. budget, this addition…
Trump’s $1.7 trillion tariff loss will send national debt to $58 trillion by 2036, think tank says
A landmark Supreme Court ruling against President Trump’s tariffs has cost the federal government an estimated $1.7 trillion…
What to know about Takaichi’s policies after her big election win
TOKYO (AP) — Japanese Prime Minister Sanae Takaichi’s big election win paves the way for her ruling party…
Trump tariffs: How can duties cover dividends and help pay national debt?
Donald Trump has made some big promises about his tariff regime. It will help pay down the national…
Republicans to Trump: No $2,000 Tariff Checks
President Donald Trump wants to send $2,000 tariff checks to Americans next year. But to do that, he’ll…