F1 title gamechanger? Spanish GP awaits impact of new flexi-wing rule McLaren’s advantage is substantial, but their rivals will hope a new regulation can narrow the deficit The Independent UK · May 30, 2025
One Nation claims WA Senate seat – as it happened This blog is now closed The Guardian - AU · May 28, 2025
Liberal debt to double, state companies face sell-off A state government is hanging its hat on potential asset sales and a public sector "efficiency unit" as means to pay down ballooning budget debt. AAP · May 28, 2025
Musk "disappointed" by GOP spending plan In an interview released Tuesday night, Musk complained that the bill would increase the federal deficit Salon · May 28, 2025
Elon Musk says he's 'disappointed' in Trump's new spending bill because it 'undermines the work that the DOGE team is doing' Musk says he is "disappointed" by Trump's "Big, Beautiful Bill," claiming it will undo all of the cost-cutting efficiencies brought in by DOGE. Fortune · May 28, 2025
Trump given 10 days to rescind all tariffs after block by US federal trade court - as it happened Three-judge panel rules president exceeded authority granted to him by 1977 emergency powers law. This blog is now closed. The Guardian - US · May 28, 2025
‘Higher than any other sustained stretch in U.S. history’: GOP bill threatens to make America two-thirds of global deficit problem Another chapter in making America "great." We Got This Covered · May 27, 2025
The Guardian view on Trump’s ‘big beautiful bill’: reject the con of a class-war manifesto Editorial: The Republican budget proposal is a gift to plutocrats. Democrats should clearly make the case for deficits to work for the people The Guardian - UK · May 26, 2025
What is modern monetary theory? An economist explains how it could help Canada Few words spark more anxiety in public debate than “national debt” and “government deficit.” National debt is the total amount of money the government owes, accumulated over years of running deficits. Government deficit is when the government spends more money than it collects in taxes and other revenues. The Conversation · May 26, 2025
Republican Senators Threaten To Derail Trump's 'Big, Beautiful' Bill: 'Would Explode The Debt' Republican Sen. Rand Paul said Trump's spending and tax cut bill would "explode the debt." Ron Johnson said the bill won't pass "until the president gets serious about spending reduction and reducing the deficit." Latin Times · May 26, 2025
Paul: Trump bill "math doesn't add up" The senator from Kentucky says Trump's cost-cutting bill will actually supercharge the deficit Salon · May 25, 2025
Where Does This Tour Pro's Mammoth Final Round Comeback Rank In Terms Of Golf's Largest Ever Kristoffer Reitan fired a nine-under-par course record of 62 at Rinkven International Golf Club, overcoming a nine shot deficit in the process Golf Monthly · May 25, 2025
Top Republicans threaten to block Trump’s spending bill if national debt is not reduced Prominent US senators warn Trump to ‘get serious’ about addressing budget deficit or they will block ‘beautiful bill’ The Guardian - US · May 25, 2025
Kristoffer Reitan Wins Soudal Open In Playoff After Overcoming Nine-Stroke Deficit Via Course Record On Stunning Final Day Norway's Kristoffer Reitan broke the course record at Rinkven International and then won his first DP World Tour title in a playoff at the Soudal Open Golf Monthly · May 25, 2025
Salon · May 23, 2025 GOP cuts make Trump touch the third rail Republicans are raising the deficit so high that it may trigger sequestration and mandatory cuts to Medicare
Fortune · May 23, 2025 Yields hit housing bubble levels. Get ready for higher rates A ballooning deficit and higher inflation could keep long-term interest rates elevated.
Fortune · May 23, 2025 Ray Dalio says politicians addressing U.S. budget deficit are like passengers ‘on a boat that’s headed for rocks’ Dalio says no attempts to reduce the deficit will be made until after the 2026 midterm elections.
Kiplinger · May 22, 2025 Tax Reconciliation Bill Could Trigger $500 Billion in Mandatory Medicare Cuts The deficits caused by the tax bill would trigger the Statutory Pay-As-You-Go Act of 2010 and force billions in cuts to Medicare. However, Congress can block the implementation of the cuts.
Barchart · May 22, 2025 Stocks Settle Mixed on Concerns Over Trade Policy and the Fiscal Outlook The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed unchanged, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.15%. June E-mini S&P futures (ESM25 ) are down -0.05%, and June E-mini Nasdaq futures (NQM25...
Barchart · May 22, 2025 Stocks Stabilize as Bond Yields Slip The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. June E-mini S&P futures (ESM25 ) are down -0.03%, and June E-mini Nasdaq futures...
Roll Call · May 22, 2025 Sweeping budget package passes House after weeks of arm-twisting - Roll Call House Republicans passed their "big, beautiful" reconciliation bill early Thursday morning, sending to the Senate a filibuster-proof package.
International Business Times · May 22, 2025 Asian Equities Track Wall St Sell-off As US Deficit Fears Grow Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit.
Barchart · May 21, 2025 Stocks Tumble as Bond Yields Jump on Deficit Concern and Weak Auction The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -1.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.34%. June E-mini S&P futures (ESM25 ) are down -1.66%, and June E-mini Nasdaq futures...
Reason · May 21, 2025 The GOP Tax Bill Will Add $2.3 Trillion to the Deficit, CBO Says That total could double if temporary provisions in the bill become permanent, as is likely to happen.
We Got This Covered · May 21, 2025 Congress exposes Trump’s $3.8 trillion deficit that helps the rich and makes ‘children go hungry’ Even Congress isn't falling for this.