Congressional Budget Office projections released on Wednesday suggested rising interest rates and bipartisan spending bills are adding to deficits, amid a partisan fight on fiscal policy.
Tag: Stimulus (Economic)
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Why Mississippi, a Covid Hot Spot, Left Millions in Pandemic Aid Unspent
Stop-and-go federal funding floods public health agencies with cash during crises but starves them of funds afterward. The coronavirus pandemic shows the pitfalls of that approach.
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America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The world has relied on ultralow interest rates in Japan. What will happen if they rise?