Tag Archives: debt

THE TOXIC AVENGER To Wipe Out Medical Debt With Non-Profit Partnership

THE TOXIC AVENGER To Wipe Out Medical Debt With Non-Profit Partnership

An out-there marketing campaign can do wonders for a horror movie, but Cineverse is forgoing anymore stunts to advertise The Toxic Avenger in favor of spending the rest of their budget on something more important, and closer to home, than radioactive justice.  In Macon Blair’s long-awaited Troma reboot The Toxic Avenger, Peter Dinklage stars as Winston Gooze, a downtrodden janitor …

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National debt to hit 120% of GDP by 2035, new analysis shows

National debt to hit 120% of GDP by 2035, new analysis shows

Committee for a Responsible Federal Budget President Maya MacGuineas discusses tariff revenue and how President Donald Trumps tax bill will affect the deficit on Mornings with Maria. The U.S. government’s budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for a Responsible Federal …

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Tariffs: Trump is crowing about his levies reducing the debt by $4 trillion. But there are some caveats

Tariffs: Trump is crowing about his levies reducing the debt by  trillion. But there are some caveats

Facebook Tweet Email Link President Donald Trump is making sure to share – repeatedly – a recent government analysis that shows his sweeping array of tariffs is expected to reduce the federal debt by $4 trillion over the next decade, more than forecast only a few months ago. The president has referenced the Congressional Budget Office report in multiple remarks …

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President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too

President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too

It’s true the housing market has ground to a halt. And at some point, a lower base rate could improve the mortgage offers made to would-be buyers and kick-start activity in the sector. “Could somebody please inform Jerome ‘Too Late’ Powell that he is hurting the housing industry, very badly?” the president wrote on Truth Social this week. “People can’t …

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Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt

Bessent says US tariff revenues to rise ‘substantially,’ focus on reducing debt

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President Donald Trump, and said the money would be used first to start paying down the federal debt, not to give rebate checks to Americans. Bessent, speaking in an interview on CNBC’s “Squawk Box,” said he expected …

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Chicago Schools Seeks $1 Billion of Short-Term Debt as Cash Gone – Bloomberg.com

Chicago Schools Seeks $1 Billion of Short-Term Debt as Cash Gone  Bloomberg.com CPS school start: $734M budget deficit looms over Chicago Public Schools students’ first day of school  ABC7 Chicago Chicago Public Schools Students Head Back To Class Amid Budget Uncertainty For District  Block Club Chicago Chicago Public Schools students head back to class  Chicago Sun-Times Excitement amid cuts: CPS families on the first …

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Trump says tariffs are going to be enough to pay down national debt. It likely won’t even touch the sides – MSN

Trump says tariffs are going to be enough to pay down national debt. It likely won’t even touch the sides  MSN Trump says tariffs are going to be enough to pay down national debt. It likely won’t even touch the sides  Fortune Tariffs Won’t Bridge the Fiscal Gap  National Review When the next recession hits, whoever is president will face intense pressure to …

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Trump says tariffs are going to be enough to pay down national debt. It likely won’t even touch the sides

Trump says tariffs are going to be enough to pay down national debt. It likely won’t even touch the sides

President Trump says his tariff revenues will both pay down America’s $37 trillion debt and possibly fund a public “dividend,” but Treasury data shows they fall short of even covering monthly interest costs. In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth, they won’t meaningfully reduce it. Markets are …

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