The US federal debt has surged over $1 trillion in just 48 days, reaching a staggering $37 trillion as of August 11th, 2025. This unprecedented increase is driven […]
UK Treasury Considers Extending Income Tax Freeze to Raise £7 Billion Yearly
The UK government is considering extending the freeze on income tax thresholds past 2028, raising concerns about the impact on workers. The plan could generate an additional £7 […]
U.S. Deficit Soars as Tariff Windfall Doesn’t Curb Spending
Despite a substantial $21 billion increase in customs duty collections due to Trump’s tariffs, the U.S. government recorded a record-breaking deficit of $291 billion in July. This large […]
U.S. House Passes $9.4B Spending Cuts Package, Affecting USAID & Public Broadcasting
The U.S. House of Representatives has voted to approve a $9.4 billion spending cuts package, primarily impacting agencies like USAID, NPR, and PBS. While this move signals fiscal […]
White House Dismisses Watchdog’s Opinion on Funding Delays
The White House has rejected a congressional watchdog’s assessment of funding delays stemming from the Trump administration. This decision, announced in Washington D.C., involves substantial cuts to various […]
Scaramucci Predicts Bitcoin Could Reach $500,000 Amidst Government Spending Concerns
Anthony Scaramucci, a prominent financial figure and critic of the current administration, believes Bitcoin’s price could surge to $500,000 due to excessive government spending in the US. Scaramucci […]
Elon Musk Critiques Fiscal Bill, Clashes With Trump Over Spending Priorities
Tech mogul Elon Musk has publicly voiced his disapproval of a newly passed government spending bill, highlighting its impact on cryptocurrency Dogecoin (DOGE). The outspoken CEO of SpaceX […]
Billionaire Investor Warns of U.S. Debt Crisis Triggered by New Congress Bill
A warning shot has been fired, with billionaire investor Chamath Palihapitiya sounding the alarm about the potential for a major economic crisis in the United States. A new […]
White House Defends Big Beautiful Bill, Claims DOGE Cuts Not Codified
In response to growing claims that the Trump administration’s Big Beautiful Bill fails to implement significant cuts to Dogecoin spending, White House Deputy Chief of Staff Steve Miller […]
Elon Musk Advocates For Increased Government Spending To Fuel Economic Growth
Facing economic uncertainty driven by escalating tariffs and rising Treasury bond yields, tech mogul Elon Musk is proposing a novel approach to stimulate the U.S. economy. Through his […]
U.S. Tax Bill Passes with Debt Concerns, Heading to Senate for Further Action
A tax bill signed into law by President Trump narrowly passed the House of Representatives with a vote of 215-214, with one abstention. This legislation aims to prevent […]
Mike Johnson Races to Pass Trump’s Budget Bill by Memorial Day
House Speaker Mike Johnson has set an ambitious deadline for passing President Donald Trump’s sweeping budget bill, aiming to secure approval before Memorial Day. With all 11 committees […]
U.S. Government Hits Second Largest Budget Surplus
The U.S. government recorded a staggering $258 billion budget surplus in April 2025, making it the second largest ever. This record surplus was driven by robust tax revenue […]
Kiyosaki & Paul: Economic Control Concerns Rise in US
A simmering debate over economic control in the United States is gaining momentum, with financial author and commentator Robert Kiyosaki and former Congressman Ron Paul raising concerns about […]
Trump Proposes Major Spending Cuts Across Federal Programs
President Trump has proposed dramatic cuts to federal spending, requesting Congress slash over $163 billion from non-defense programs to reach a total of $557 billion. This ambitious plan […]