Rising Rates and Deficit Dreams
Global News Today | 2 Min News | The Daily News Now!
- Published
- June 1, 2026
- Duration
- 1:38
- Summary source
- description
- Last updated
- Jun 1, 2026
Discusses daily.
Summary
Energy prices are driving up Treasury rates, making mortgages costlier and slowing car sales, while President Trump pushes a deficit-cutting agenda centered on tariffs, fees, and fraud crackdowns — but economists warn these won’t curb ballooning debt costs, which now exceed a trillion annually, risking deficits over four trillion by 2034, even as markets …
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Show notes
Energy prices are driving up Treasury rates, making mortgages costlier and slowing car sales, while President Trump pushes a deficit-cutting agenda centered on tariffs, fees, and fraud crackdowns — but economists warn these won’t curb ballooning debt costs, which now exceed a trillion annually, risking deficits over four trillion by 2034, even as markets climb, hinting investors may force fiscal action before voters do. Support the show:Get a discount at https://solipillow.com/discount/dnn. Adve
Themes
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