President Joe Biden just issued his raft of tax increases. Here’s the focus: the president wants to raise rates on the top earners across the board. Highest-earning individuals, investors, and corpora...
Tag: national debt
Davos elites see a major risk ahead for markets with looming U.S. debt standoff
DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 — but at least one major risk looms for markets, th...
We Have a Too-Much-Federal-Revenue Problem, Not a Looming ‘Debt Crisis’
“American public debt is at economically damaging levels and growing at an unsustainable rate. Congress should stabilize federal debt to reduce the possibility of a fiscal crisis.” Those are the words...
Will High Government Debt Create Problems As Rates Rise?
Will elevated debt to GDP create problems for the U.S. government as interest rates rise? … [+] Photographer: Sarah Silbiger/Bloomberg © 2022 Bloomberg Finance LP In 2022 interest rates have sho...