#committee for a responsible federal budg

3 stories

#10-year yield #affordability crisis #artificial intelligence #bond market #congressional budget office #deficit reduction #economic growth #ed yardeni #eduardo porter #federal deficit #federal reserve #fiscal crisis

AI won't fix America's debt, Guardian analysis argues
Even rapid AI-driven growth would not solve the US deficit because capital gains are taxed less than wages, and tech firms need massive returns to justify their spending.
The Next Web · 1m
Fixing national debt could raise household income by $36,000
A new study argues that tackling America's $40 trillion debt pile would boost real incomes and ease an affordability crisis that voters rank as a top concern.
Fortune · 1m
Treasury yields spike, forcing debt hawks to sound the alarm
The 10-year Treasury yield just hit 5%, blowing past forecasts and alarming economists who previously downplayed U.S. debt risks.
Fortune · 1m