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Tag: federal debt

McConnell Claims Republicans Won’t Back Debt Limit Boost (But They Always Do)

(Headline USA) Senate Democrats accused Republicans Wednesday of a “shameless, cynical” ploy that would damage the economy and the government's credit rating after the chamber's...

Will ‘Infrastructure’ Spending Collapse the U.S. Dollar?

Recent collapses of bridges and a Florida condo building highlight what can go wrong when basic structural and foundational elements are neglected and allowed...

Key Price Index Rises at Record Rate, Adding to Inflation Woes

One key reading of the misery index for U.S. consumers is continuing to rise, according to data released by the Bureau of Labor Statistics. The...

Resetting the Federal Debt

(Keith Weiner, Money Metals News Service) According to the US Treasury, the federal government owes $28.2 trillion. It crossed the “28” threshold on the last...

BIDEN BLOW-OUT: Proposes $6T Federal Budget Laden w/ Out-of-Control Spending

(Headline USA) President Joe Biden proposed a $6 trillion budget for next year on Friday that fails to slow spiking government debt, instead seeking tax hikes...

Inflation: A White House Warning

(David Morgan, Money Metals News Service) Long before the “New Normal” propelled U.S. national debt at warp speed to $28 trillion (and counting) via COVID-19...

Are Technicals Pointing to a New Gold Rally?

Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now. Many...

Rising Debt Means a Weaker Dollar

Americans appear to be growing more concerned about the skyrocketing national debt level – officially $28.1 trillion and counting. The Peter G. Peterson Foundation’s monthly...

Yellen Sees MORE Room for US to Borrow; Opens Door to Tax Hike

(Associated Press) Treasury Secretary Janet Yellen believes the U.S. government has more room to borrow, but said higher taxes would likely be required in the...

Silver Setting Up for a BIG Move Following Fed

Precious metals markets traded into an important technical juncture ahead of Wednesday’s Federal Reserve policy announcement. Bank of America analysts stated that this week’s meeting...

Congress OKs $1.9T ‘Virus Relief’ Bill Filled w/ Progressive Pork Barrel

(Headline USA) A Congress riven along party lines approved a landmark $1.9 trillion COVID-19 "relief bill" Wednesday, as President Joe Biden and Democrats claimed a triumph...

CBO Expects Federal Debt to Double Over Next 30 Years

(Headline USA) The Congressional Budget Office estimated Thursday that persistent budget deficits will cause the federal debt to double in size over the next 30...

ECONOMISTS: We Can’t Keep Ignoring the National Debt Forever

(Brad Polumbo, Foundation for Economic Education) With COVID-19 ravaging the country and government pandemic lockdowns devastating our economy, the national debt has understandably slipped to...

Investors Prepare for the Incoming Regime in Washington

(Clint Siegner, Money Metals News Service) Last year provided extraordinary challenges to Americans as well as people around the world. Hundreds of thousands of deaths were...

TRENDING NOW

Political Hacks Concoct Excuses for Their Inflation

(Clint Siegner, Money Metals News Service) Jerome Powell, after last week’s FOMC meeting, said inflation has run hotter than expected. However, he wants to assure Americans...

Border City of Laredo, Texas Sues Biden Admin Over Illegals

(Bethany Blankley, The Center Square) The Texas border city of Laredo has sued the Biden administration, hoping to halt its policy of transferring several hundred...

Silicon Valley Entrepreneur Donates $10M Each to America-First Candidates

Billionaire tech entrepreneur Peter Thiel, who co-founded PayPal and invested early in Facebook, gave $10 million donations to two political outsiders seen as America...
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