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Trump's tax-and-spend bill clears House, averts default but adds $3.4 trillion to national debt. Headed to presidential ...

WASHINGTON, July 3. /TASS/. The House of Representatives of the US Congress, like the Senate, has approved a bill on government spending, developed by the administration of President Donald Trump, ...

which means global central banks and investors continue to demand dollars to conduct trade and hold reserves. That privilege gives the U.S. more leeway to borrow than other countries. If neither the ...

The Republican-controlled House narrowly approves the massive Bill and sends it to Mr Trump to sign into law. Read more at ...

The Republican budget will add trillions to the national. Trump should channel Eisenhower to keep things in check.

The timing of the vote slipped back as Democratic minority leader Hakeem Jeffries spoke against the bill for nearly nine ...

Treasury yields rose on stronger-than-expected labor indicators that eased fears of a jobs collapse and supported expectations of a hawkish Fed.

The vote follows a marathon speech from Democratic leader Hakeem Jeffries, who denounced the bill as reckless.

Global bond markets can breathe a little easier following Japan’s successful sales of 30-year debt on Thursday.

The bill increases the deficit by $3.3T with giveaways to elites, and kills credits that led to millions of jobs and lower ...

When interest rates fall, borrower-debtors benefit because debt service costs are reduced, making it cheaper to borrow and ...