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US National Debt Surpasses Record $39 Trillion Amid Iran War
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the US-Israeli war in Iran.
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Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
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US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
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"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
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US Senate Approves Trump's Divisive "One Big Beautiful Bill"
The Republican-led US Senate approved Donald Trump's flagship spending bill Tuesday after a marathon voting session on the deeply unpopular package, set to slash social welfare programs and add an eye-watering $3 trillion to the national debt.
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US Lawmakers Join Trump-Musk Government Shakeup
Republicans vowed Wednesday to tackle the "stunning" US national debt, as lawmakers began work on President Donald Trump's plan for the most radical downsizing of the federal government in decades.
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'Will Take CEO Outside Politics To Fix US Debt Crisis': Vivek Ramaswamy
Rpublican presidential candidate Vivek Ramaswamy has proposed a Zero-Base Federal Budgeting to solve the national debt crisis, which has now gone up to USD33 trillion.
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"Big Win For Americans": Biden On Debt Deal That Averts First-Ever Default
US President Joe Biden welcomed Thursday's vote by the Senate to raise the national debt limit through 2024 and avert a first ever default as a "big win" for Americans.
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US House Passes Debt Ceiling Deal, Bill Now Moves To Senate
US lawmakers voted to raise the national borrowing limit as a crucial first step to averting a catastrophic default, greenlighting a pact struck between Washington's warring parties after weeks of brinkmanship and fraught backroom deal-making.
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US Scraps Excise Tax Proposal on Bitcoin Mining After Biden Refuses to Slash Crypto Taxes
Earlier this month, the US’ Council of Economic Advisors (CEA) floated a proposal to have Bitcoin miners pay a tax equal to 30 percent of the total energy cost that they consumed in the crypto mining process. The proposal has been scrapped by the US. The decision to pull the plug on this proposal could be part of a bunch of tax-related rebates in...
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US National Debt Surpasses Record $39 Trillion Amid Iran War
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the US-Israeli war in Iran.
-
Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
-
US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
-
"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
-
US Senate Approves Trump's Divisive "One Big Beautiful Bill"
The Republican-led US Senate approved Donald Trump's flagship spending bill Tuesday after a marathon voting session on the deeply unpopular package, set to slash social welfare programs and add an eye-watering $3 trillion to the national debt.
-
US Lawmakers Join Trump-Musk Government Shakeup
Republicans vowed Wednesday to tackle the "stunning" US national debt, as lawmakers began work on President Donald Trump's plan for the most radical downsizing of the federal government in decades.
-
'Will Take CEO Outside Politics To Fix US Debt Crisis': Vivek Ramaswamy
Rpublican presidential candidate Vivek Ramaswamy has proposed a Zero-Base Federal Budgeting to solve the national debt crisis, which has now gone up to USD33 trillion.
-
"Big Win For Americans": Biden On Debt Deal That Averts First-Ever Default
US President Joe Biden welcomed Thursday's vote by the Senate to raise the national debt limit through 2024 and avert a first ever default as a "big win" for Americans.
-
US House Passes Debt Ceiling Deal, Bill Now Moves To Senate
US lawmakers voted to raise the national borrowing limit as a crucial first step to averting a catastrophic default, greenlighting a pact struck between Washington's warring parties after weeks of brinkmanship and fraught backroom deal-making.
-
US Scraps Excise Tax Proposal on Bitcoin Mining After Biden Refuses to Slash Crypto Taxes
Earlier this month, the US’ Council of Economic Advisors (CEA) floated a proposal to have Bitcoin miners pay a tax equal to 30 percent of the total energy cost that they consumed in the crypto mining process. The proposal has been scrapped by the US. The decision to pull the plug on this proposal could be part of a bunch of tax-related rebates in...
