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Bessent backs 3% deficit goal despite 5% budget forecasts
U.S. Treasury Secretary Scott Bessent pledged in two congressional hearings this week to cut the federal deficit to 3% of GDP, a target the...
Researchers put a number on how much debt U.S. can carry
The United States has about 20 years to change course on its national debt before it reaches the estimated limits of its debt capacity,...
Trump appoints housing regulator as acting spy chief
President Donald Trump on Tuesday named Federal Housing Finance Agency Director William Pulte as acting director of national intelligence, giving him temporary oversight of...
Tariff litigation expands as federal court weighs next move
Two new businesses have sued to block President Donald Trump's 10% tariffs, even as a federal appeals court considers whether to lift an injunction...
Hegseth calls allied defense ‘bad deal for taxpayers’ in budget push
The Pentagon wants the largest nominal military budget in American history despite failing eight consecutive financial audits and continuing to face longstanding financial management...