The Committee for a Responsible Federal Budget sees a critical threshold crossing by 2031—and the consequences could be nearly impossible to reverse.

Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...

The U.S. trillion-dollar debt and deficits already put the nation in a precarious position. The cost of the Iran war could worsen the economic outlook and lead to recession.

Until recently, governments could postpone these choices by borrowing on convenient terms. But now, unprecedented debt levels ...

I recently went to the doctor about a minor health issue. “Is what I’m experiencing normal?” I asked her. “No, it’s never ...

Under former President Joe Biden and his absurd inflationary policies and President Donald Trump and his spasmodic tariff obsession, the cost of living has continued to rise while the federal ...

A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to ...

Sars is intensifying its efforts to recover R135 billion in outstanding tax debt, despite facing challenges with struggling taxpayers and defunct companies. The Deputy Commissioner outlines strategies ...