latest news in Fiscal policy

American National Debt Surpasses Total Economic Output

Washington, Thursday, 29 October 2026.
Federal debt has reached 100.3 percent of the economy, crossing the threshold for the first time since World War II and triggering urgent pressure on upcoming federal budget policies.

Why British Living Standards Are Stalling Over the Next Decade

London, Thursday, 29 October 2026.
Despite targeted energy relief, British households face the weakest decade for living standards since the 1950s, with real incomes projected to rise just 1% above 2019 levels by 2029.