Latest News and Articles about Fiscal Deficit
Trump’s $3 Trillion Bill Passes: Wall Street Celebrates, Bitcoin Faces Risks
Trump’s Massive Spending Bill: Wall Street Cheers, Bitcoin Braces for Impact Donald Trump’s One Big Beautiful Bill Act (OBBBA) has squeaked through the US Senate with a nail-biting 51-49 vote, marking a contentious step toward extending the 2017 tax cuts and staving off an economic nosedive. Wall Street is clapping like it’s a blockbuster premiere, […]
Read MorePhilippines Eyes US Treasury Reduction Post Moody’s Downgrade, Seeks Diversification
Philippines Mulls Reduction in US Treasury Holdings Amid Economic Shifts With over $100 billion in foreign reserves, the Philippines is making a bold move away from US Treasuries. This decision comes in the wake of a Moody’s downgrade of the US credit rating, highlighting growing concerns over the US fiscal deficit, which is the difference […]
Read More