Tag #National Debt

forbes.com
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Trump Administration Poised to Establish National Bitcoin Stockpile

President Trump's administration is highly likely to create a Bitcoin stockpile due to substantial lobbying from the crypto industry, a pro-crypto Republican Party, and the potential use of revalued gold reserves to fund the purchase.

Progress

56% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 90% Global Worthiness
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Record Market Valuations Signal Potential for Significant Correction

High market valuations, as indicated by the S&P 500's CAPE ratio (38x) and the Buffett Indicator (202%), coupled with record debt levels in many countries, signal a potential market correction, mirroring past crises. Berkshire Hathaway's large cash reserves reflect this concern.

Progress

56% Bias Score

Reduced Inequality
cnn.com
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US Government Spending Soars, But Federal Workforce Remains Stable

Over the past 40 years, the US population grew by 100 million, while government spending ballooned from $900 billion in 1984 to over $7 trillion in 2024; however, the federal workforce remained relatively stable at around 3 million, prompting a bipartisan effort to improve government efficiency.

Progress

48% Bias Score

Reduced Inequality
foxnews.com
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Progress

44% Bias Score

Reduced Inequality
kathimerini.gr
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Biden's Economic Legacy: Record Job Growth Amidst High Debt and Inflation

President Biden's economic legacy includes record job growth and substantial infrastructure investments, but also a soaring national debt and persistently high inflation, leaving a mixed economic record.

Progress

36% Bias Score

Decent Work and Economic Growth
foxnews.com
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Trump-Backed Bill to Avert Shutdown Fails in House

A bill to prevent a government shutdown, backed by President-elect Trump, failed in the House (235-174) despite including $110 billion in disaster relief and a debt limit suspension; 38 Republicans voted against it, pushing Congress toward a shutdown.

Progress

52% Bias Score

Reduced Inequality
nbcnews.com
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SALT Deduction Dispute Threatens GOP Tax Law Extension

House Republicans from high-tax states are demanding an increase to the federal SALT deduction to support extending the 2017 tax law, creating tension within the GOP due to their narrow majority and differing views on the financial and political ramifications.

Progress

56% Bias Score

Reduced Inequality
foxnews.com
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Musk Praises Fetterman, Transcending Partisan Divide

Elon Musk publicly praised Senator John Fetterman on X, commending his patriotism and downplaying partisan divides, despite their differing political affiliations; this follows Fetterman's prior positive comments about Musk's contributions to American society.

Progress

48% Bias Score

Reduced Inequality