deficit

Billionaire investor and founder of Bridgewater Associates, Ray Dalio, has sounded the alarm on the U.S. fiscal trajectory following the passage of the ‘One Big, Beautiful Bill Act.’ What Happened: In a post on X, Dalio projected that the new budget, with annual spending of $7 trillion...

Financial analyst Gary Black, the managing partner at the Future Fund LLC, has issued a bold take on the U.S. fiscal health, likening the nation's debt to corporate debt levels and calling it “fairly low.” What Happened: In a post on X, Black argued that the U.S. debt-to-GDP ratio of...

Rep. Thomas Massie (R-Ky.) has warned that the passage of President Donald Trump's ‘One Big Beautiful Bill’ could tank the U.S. credit rating to BBB status, a level that historically signals financial distress. What Happened: In an X post, Massie quipped, "BBB = our credit rating if...

As the One Big Beautiful Bill Act of 2025 proposes tax relief for individuals, it is also estimated to increase the federal deficit. However, this expert proposes an idea that could help cut trillions of dollars in deficit. What Happened: Financial commentator Ross Gerber of Gerber Kawasaki has...

Goldman Sachs says President Donald Trump's "Big, Beautiful" spending-and-tariff plan would do little to slow a debt load already racing toward levels last seen at the end of World War II, warning that interest costs alone will top $1 trillion next year. In a note to clients, Goldman Sachs...

Mark Cuban reshared a post supporting Rep. Ro Khanna‘s (D-Calif.) “Progressive Deficit Reduction Plan,” which aims to slash the U.S. deficit by $12 trillion over the next decade. What Happened: Khanna detailed the plan, emphasizing $2.4 trillion in spending cuts as a cornerstone...

Ray Dalio, the billionaire investor, has raised concerns about the mounting U.S. debt crisis, which he estimates to be a staggering $37 trillion. He has also proposed a potential solution to mitigate the impending financial turmoil. What Happened: In an interview with Fortune, Dalio emphasized that...

Former Treasury Secretary Lawrence Summers has sharply criticized the tax bill by the President Donald Trump administration amid the ongoing feud with Elon Musk. What Happened: Describing the “Big Beautiful Bill” as a “prescription for deadly, dangerous decline,” Larry...

Billionaire Elon Musk and Sen. Mike Lee (R-Utah) have endorsed veteran investor Warren Buffett‘s famous plan to eliminate the mounting U.S. deficit crisis in “five minutes.” What Happened: An old video of the ‘Oracle of Omaha,’ Buffett, is making rounds on social media...

Economist Craig Shapiro argues that the debt ceiling, a mechanism only used by the U.S. and Denmark, fails to curb excessive government spending and instead creates political theater every few years. What Happened: Shapiro, who is a macro strategist at the Bear Traps Report highlights the Federal...

Sen. Elizabeth Warren (D-Mass.) expressed agreement with President Donald Trump on eliminating the federal debt ceiling while sharply criticizing proposed tax breaks for wealthy Americans amid escalating fiscal concerns. What Happened: Warren shared a video of Trump’s remarks on her X account...

The trade policy chaos has deepened, causing elevated volatility and uncertainty for the financial markets, as the tariff tussle has now entered the courts. Experts forecast a bumpy road till the time any concrete clarity emerges. What Happened: After the U.S. Court of International Trade...

The U.S. House narrowly passed President Donald Trump's sweeping tax-cut bill Thursday, triggering a spike in Treasury yields as investors reacted to the bill's multi-trillion-dollar price tag and its long-term implications for debt sustainability. The yield on 30-year Treasury bonds surged to 5.15...

Global investment giant BlackRock has announced being “overweight” on inflation-linked bonds, signaling a strategic shift to mitigate risks stemming from “persistent inflation pressure” and growing concerns over the sustainability of U.S. government finances. What Happened:...

Economist Peter Schiff has sharply criticized Treasury Secretary Scott Bessent for downplaying the role of President Donald Trump's tax cuts in the recent Moody's downgrade of the U.S. sovereign credit rating, instead pinning the blame on the Joe Biden administration. What Happened: Schiff's...