Habitual deficit financing — the very disease Alexander Hamilton warned against — has become business as usual.

Habitual deficit financing — the very disease Alexander Hamilton warned against — has become business as usual.

The House’s proposed $3.7 trillion tax bill isn’t what sparked that Moody’s downgrade — it was the runaway growth of ...

Moody's also cited House Republicans' "One, Big, Beautiful Bill," which is attempting to make temporary tax cuts established ...

Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.

The post America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt appeared first on Reason.com.

Last Friday, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican package ...

Republicans have been deeply divided over the bill, which would extend Trump's signature 2017 tax cuts, create new breaks for tipped income and auto loans, end many green-energy subsidies and boost sp ...

The Republican-controlled U.S. House of Representatives will attempt to pass President Donald Trump's massive tax and ...

The Treasury sold $16 billion worth of 20-year bonds, and the auction settled with a 20-year Treasury yield above 5%, ...

Moody’s decision to downgrade the US’s credit rating is a slap on the wrist. In the past, the US might have dismissed it, but ...

White House National Economic Council Director Kevin Hassett doesn't agree with Moody's downgrade of the US credit rating.