Fiscal Hawks Warn GOP Spending Plan Must Reject ‘Budget Gimmick’ That Could Add Trillions To Deficit
The conservative fiscal Hawks are denounced untested accounting tactics not driven by GOP lawmakers who allow Congress to borrow trillions of dollars without realizing the impact of future tax and spending bills. President Donald Trump has called on Republicans in Congress to extend the tax cuts enacted during his first term, which is set to […]
Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due
According to the Wall Street Journal, commercial real estate faces significant debt, and rapidly rising interest rates and record vacancy could make it difficult for many borrowers to refinance. Approximately $2.81 trillion in commercial real estate loans are scheduled to expire by 2028, meaning borrowers will have to pay the full amount in full or […]