News

The Debt Ceiling Debate Strikes Again as the Country Inches Closer to Default
It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...
Here’s how the stock-market crash could threaten Trump’s tax cuts and trigger a debt-ceiling squeeze
President Donald Trump thought massive new tariffs would give him leverage. So far what he’s gotten instead are a jittery ...
US could run short of money to pay its bills by August without a debt limit deal, CBO says
The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...
Committee for a Responsible Federal Budget2d
Either Reconciliation Approach Would Raise Debt Ceiling With More Borrowing
The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for ...
Why Trump Is Right About Ending The Debt Ceiling
The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...
U.S. could face default by August if Congress doesn't address debt ceiling, budget office says
The federal government could be unable to pay its bills as soon as August if Congress doesn't act, the Congressional Budget ...
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Committee for a Responsible Federal Budget10dOpinion
Debt Ceiling Needs to be Raised in Advance of X Date
Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...
Senate, House GOP split over size of debt-limit increase
A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...
The New Republic on MSN16dOpinion
For Once, a Debt Ceiling Fight May Be Democrats’ Best Option
It may be playing with fire, but it’s the best hope the party has to extract concessions from a reckless Trump administration ...
Tariffs and funding cuts are risks to paying off debt, Kansas warns bond-buyers
While President Donald Trump claims his new tariffs will "make America wealthy again," Kansas says tariffs are a risk to ...