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Government Debt & Financing

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Article Image by Daniel Lacalle

The United States economy recovered at a 6.5 percent annualized rate in the second quarter of 2021, and gross domestic product (GDP) is now above the pre-pandemic level. This should be viewed as good news until we put it in the context of the largest

Article Image by Jacob G. Hornberger

The Los Angeles Times is concerned about the possibility that Republicans might not agree to raise the debt ceiling when it is set to go back into effect this month after a two-year suspension.

Article Image by Patrick J. Buchanan

Just seven weeks into his presidency, Joe Biden signed a $1.9 trillion COVID-19 relief bill. Among the largest spending bills in history, it was passed without the vote of a single Republican.

Article Image by Tyler Durden

Update (1140ET): Following comments from a team of Goldman analysts who warned in a note to clients published this morning that the Democrats' new spending plan (and the tax hikes they say will accompany it) is a "downside risk to our fiscal assumpti

Article Image by Michael Snyd

The pace at which conditions are changing is catching a lot of people off guard. Here in the United States, we have been in a low inflation environment for most of the past four decades, and so many Americans don't even have a frame of reference f