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The Latest Breaking News from Kent Smetters

Experts: Musk & Ramaswamy's DOGE doomed

"They have a fundamentally superficial understanding of what they're doing," budget expert warns

Salon · Nov 23, 2024

For Harris and Trump, runaway US debt is the elephant in the room

Both presidential candidates have unveiled costly proposals that would greatly add to the ballooning national debt.

Al Jazeera · Sep 24, 2024

Trump vs. Harris: Who would be better for America’s $35 trillion national debt?

“We think of the United States as too big to fail. It’s not actually true.”

Fortune · Sep 1, 2024

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As Biden, McCarthy butt heads on debt, what are differences?

There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government’s finances

The Independent UK · Apr 25, 2023

Lots of sound and fury on US debt, but not a crisis — yet

For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a crisis point

The Independent UK · Jan 27, 2023

Inflation Reduction Act may have little impact on inflation

With inflation raging near its highest level in four decades, Congress is poised to approve President Joe Biden’s signature Inflation Reduction Act

The Independent UK · Aug 12, 2022

What the Inflation Reduction Act does and doesn't do about rising prices

The Inflation Reduction Act is not expected to bring down inflation dramatically or right away, but experts say that might not be such a bad thing given the bill's other areas of focus.

WEKU · Aug 11, 2022

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Will the Democrats’ Inflation Reduction Act bring prices down? What the experts say

WASHINGTON — President Joe Biden and congressional Democrats are touting the “Inflation Reduction Act” as their big election year triumph, a major way of getting soaring prices to come down.

McClatchy Washington Bureau · Aug 8, 2022

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