Steve Thompson
- Indexed articles, last 90 days
- 3
- Latest publication
- Aug 18, 2026
- Outlet visibility, for spokesman.com
- Top 100K sites
- Earliest in this view
- Aug 5, 2026
Latest articles
U.S. debt is set to hit $40 trillion, months earlier than expected, as bond yields rise (opens the original)
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The U.S. national debt is likely to surpass $40 trillion this week, months earlier than forecasters previously expected, in part because of billions of dollars in lost revenue from President Donald Trumpâs invalidated tariffs. The lost revenue has forced the Treasury Department to borrow more rapidly to cover the nationâs bills: Six months ago, the nonpartisan Congressional Budget Office (CBO) projected that total borrowing would top out at $39.4 trillion this fiscal year. But on Monday, Tre
Unemployment improved, because thousands of workers disappeared. Where did they go? (opens the original)
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The U.S. economy shed jobs in July, yet the unemployment rate improved - an unusual pairing that points to a worrying story unfolding behind the numbers for some economists. Thatâs because even as the U.S. economy lost jobs, American workers left the labor market faster. âThis is one of the very, very few times where you see the number of jobs shrink but the unemployment rate falls,â said Stephen Moore, a conservative economist. The explanation, he said, is fewer people looking for jobs. â
As Social Security benefit cuts loom, Congress wades into the crisis (opens the original)
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After decades of procrastination, Congress is beginning to grapple with a Social Security shortfall set to slash benefit checks in six years unless lawmakers fix it. But instead of discussing actual fixes, a Senate Finance Committee hearing Wednesday focused on how to kick-start the painful debate to come. Many in Congress have argued for outsourcing the problem to a bipartisan commission or advisory board. House Appropriations Committee Chairman Tom Cole , R-Okla., is among several lawmakers wh
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