In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

The COVID-19 pandemic has had enormous impacts on state and local governments by reducing tax revenue, causing widespread unemployment, and increasing healthcare costs. In addition to reducing ...

Globally, government debt/GDP ratios and debt service costs have increased since the GFC and Covid, raising the relevance and importance of sovereign bond indices like the FTSE Debt Capacity World ...

Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...

MINNEAPOLIS — If you wince when look at your monthly credit card bill, you might not believe what the U.S. government has racked up. The national debt now tops more than $34 trillion. That's a new ...

The United States government faces a dire financial situation that has raised concerns about its long-term economic stability. To better understand the gravity of this issue, it’s helpful to break ...

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US Debt Danger as the American economy in crisis or financial trouble due to spending with a fear of ballooning deficit in the United States economic situation as a huge risk to Washington. The impact ...

Usually, my columns tip their hand. The title summarizes an argument that I had developed in advance, then the article defends it. Not today. As macroeconomic policies are merely among my interests, ...

With large amounts of new government debt issuance around the globe this past year, it shouldn’t surprise anyone that taxes could rise too. There are only a few ways to reduce a government’s debt-load ...