Ken Griffin, the CEO of Citadel, has raised concerns about the potential impact of Japan’s bond market sell-off on the US economy, warning that a similar situation could arise if the US does not address its fiscal issues. Griffin has voiced his concerns at the World Economic Forum, pointing out the significant decline in Japan’s bond market. This decline was instigated by investors’ reactions to a possible halt on food taxes, which led to a record high yield for Japan’s 40-year government bond. Griffin c ...

Well, as we mentioned, the Senate passing the budget bill by the narrowest of margins. It was a tie-breaking vote from Vice President Vance. What this bill could mean in the long term for spending and debt and deficits and so much more.Joining us now from the White House in an exclusive interview is Russell Vote, director of the Office of Management and Budget. And Director Vote, it's great to have you on Overtime. Welcome.Thanks for having me. So, let's start with the fact that we did have one big beautifu ...

Fiscal Irresponsibility & Debt - US Congress passed a debt ceiling increase, adding $270 billion to the deficit next year while raising the debt ceiling by $5 trillion [1] - Both major parties have abandoned fiscal responsibility, leading to an explosion of national debt [1][2] Third Party Demand - 60-70% of Americans desire a viable third political party option [3] - The current political system is viewed as a "uniparty theater" controlled by corporate donors [3] - A third party is seen as a necessary liberation movement to break the hold of special interests [3]