Tariffs will bring in $300 billion to $400 billion a year, which would help to pay a fraction of the interest payments of more than $1 trillion in 2025.
Fed rate-cut odds surge toward 90% as weak labor data, ADP losses, and Challenger layoffs fuel Wall Street hopes for a December move despite a divided FOMC.
A $2,000 dividend for each citizen would increase the deficit by $6 trillion, according to one estimate, roughly twice as much as Trump’s tariffs are estimated to raise.
After clashing with Trump on spending, Musk argues AI and robotics are the only path to easing record U.S. debt costs—and may even trigger future deflation.
"Governments have long mobilized private wealth to support public finances. There are several approaches," UBS chief economist, Paul Donovan, outlined in a recent call.
"BrokerTec EU markets are open and trading. All other CME Group markets remain halted due to a data center cooling issue at CyrusOne," CME told Fortune.