WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...
WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
The One Big Beautiful Bill recently got signed into law, reducing taxes for many Americans. But what will the hefty cuts mean for the U.S. national debt? Here’s how economic experts say the costs of ...
US risks defaulting its debts, which could set off 'cataclysmic' situation for economy, analysts say
WASHINGTON -- The fight over raising the nation's borrowing limit underscores a reality for Democrats as they are in the midst of their highest-stakes moment for President Joe Biden's sweeping ...
We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called for an end to the debt ceiling multiple times, and we’re asking our ...
On Thursday, the White House announced that President Joe Biden has called together a group of top aides to study “all legal and policy options” for preventing future debt ceiling standoffs. The group ...
WASHINGTON -- The debt limit negotiations between GOP negotiators and the White House ended Friday night with no progress after meeting for roughly an hour and a half. And there's no set plans for the ...
In July 2025, Congress narrowly avoided catastrophe by raising the debt ceiling to $41.1 trillion through the One Big Beautiful Bill Act. The reprieve was temporary. With the Congressional Budget ...
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