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Donald Trump just made a new mess while walking back his controversial plan...
Donald Trump on Monday said it was "crazy" to think he would try to negotiate his way out of full repayment of government bonds — despite what he suggested last week— but he did suggest another...
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Hillary Clinton's tax plan could dampen economic growth
While Republican Donald Trump and others in the presidential sweepstakes went big and bold with their tax and spending plans this year, Democratic presidential frontrunner Hillary Rodham Clinton opted...
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Budget watchdog group slams both Clinton and Trump for not being serious...
A scathing new report by a budget watchdog group warns that neither Donald Trump nor Hillary Rodham Clinton, the presumptive Republican and Democratic presidential nominees, is serious about addressing...
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The national debt is about to surge — and neither candidate has a plan to...
The Congressional Budget Office on Tuesday warned that the national debt is racing well ahead of prior projections and could reach an historic 141 percent of the overall economy by 2046.The...
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The national debt is about to be pushed into high-risk territory
Last year, health care spending in the U.S. claimed 17.8 percent of the overall economy and held relatively steady.But within the coming decade, health care will consume 20 percent of the overall...
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Donald Trump has debuted a new 'world of charts,' so we looked at how honest...
Donald Trump's rallies have featured many things: dance troupes, crying babies, and some occasional violence. Nowadays, the Republican presidential candidate has added something else: charts.Over the...
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This infographic shows the gigantic size of the national debt
When numbers get into the billions or trillions, they start to lose context.The U.S. national debt is one of those numbers. It currently sits at $19.5 trillion, which is actually such a large number...
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It looks like the national debt would go up with Clinton, and up even more...
The Committee for a Responsible Federal Budget has updated its (non-dynamic) budget scoring of the presidential economic plans. Context: The federal debt-GDP ratio was 35% in 2007, which is more or...
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These are the reasons why it's ok to go into debt
Most debt is costly and potentially ruinous to your financial future (looking at you, credit cards!), but there are times when going into debt allows you to attain financial goals that you'd otherwise...
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Trump and Clinton offered virtually no plans to reduce the nearly $20...
In their final presidential debate Wednesday night, both Democratic nominee Hillary Clinton and Republican Donald Trump acknowledged the problem of the mounting $19.7 trillion national debt, but...
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Trump's proposed infrastructure plan has a big problem
Does Trump’s economic plan carry the seeds of its own demise?Trump’s blasted Janet Yellen and the Fed for keeping interest rates artificially low. But if he’s going to spend over $1 trillion on...
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Trump's economic plans could mean a huge increase in the national debt
The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House --Ike in...
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Some of Washington's deficit hawks say Trump's tax cuts could lead to...
A few of the nation’s most prominent deficit hawks made their pitch to Republican President-elect Donald Trump on Thursday to rearrange his budget and economic priorities and help contain an exploding...
View ArticleThe US is $19.9 trillion in debt — here are the countries we owe the most
The Unites States has a massive monetary debt to the world, with China being one of the countries we owe the most. Follow BI Video: On Twitter Join the conversation about this story »
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Why the debt limit is the next threat to the US economy
Treasury Secretary Jack Lew has probably seen his last debt limit fight as the man in charge of meeting the country’s financial obligations, but on his way out the door, he is calling on Congress to do...
View ArticleTrump has a $20 trillion problem
The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.Only a few...
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Here's how much debt the US government added under President Obama
As part of the broader economic legacy of President Barack Obama, from jobs to the stock market, one of the most notable changes has been the increase in the national debt.Based on quarterly data...
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Trump tweets wildly misleading comparison of the national debt in his first...
On Saturday morning, President Donald Trump took to Twitter to point out a fact he thought the media was underreporting: the decrease in the national debt in his first month."The media has not reported...
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America's debt problem is going the way of Italy
If you have never seen it before, stop right now and visit the US Debt Clock website. Watching it is strangely mesmerizing and more than a little depressing.It exposes the human brain’s inability to...
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BUDGET CHIEF: Trump's promise to eliminate America's $20 trillion problem was...
People should not have taken President Donald Trump's promise to eliminate the federal debt literally according to the new director of the Office Of Management and Budget.Mick Mulvaney, who was...
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