David Stockman: Trump Is a ‘Faker’ on the Debt

David Stockman: Trump is a ‘faker’ on the debt

How will we ever get the national debt under control? Just asking questions. The U.S. national debt stands at a staggering $36 trillion. And while President Donald Trump assures us he's a "fiscal hawk," the GOP's latest fiscal plan, dubbed the One Big Beautiful Bill Act, is a fiscal time bomb, says today's guest. David Stockman, the director of the Office of Management and Budget under President Ronald Reagan, joins the show to dissect the Trump…

Blowies For Billionaires Bill *Also* Makes Trump King And AI Ungovernable!

Photo by Emilipothèse on UnsplashMuch has been made of how the Big Beautiful Blowjobs for Billionaires bill is the largest wealth transfer from the poor to the rich of all time. Which it is! But also in this 1,082-page treasure trove of goodies are two sections that fulfill the wildest dreams of a certain aspiring dictator and his technocrat henchbuddies: stripping power from the judiciary and mandating an AI dystopia that could effectively make…

By Common Sense Writing. The new fiscal plan proposed by U.S. President Donald Trump could significantly increase U.S. public debt and cause greater volatility in the financial markets, Banorte warned during the Fund Forum organized by AMIB. Alejandro Padilla, Deputy Director General of Economic and Financial Analysis of the institution, explained that the current project has similarities with the one implemented in 2017, focused on fiscal cuts,…

Billionaire Investor Warns of U.S. Debt Crisis After Trump’s New Bill Passes - Coin Surges

The post Billionaire Investor Warns of U.S. Debt Crisis After Trump’s New Bill Passes appeared first on Coinpedia Fintech News The alarm bells are ringing – and they’re getting louder. Billionaire investor Chamath Palihapitiya is sounding off about what he sees as a ticking time bomb for the U.S. economy: a soaring national debt, rising Treasury yields, and the threat of a credit downgrade, all triggered by a controversial new bill that just cle…