The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...
The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...
A major discrepancy has already arisen between Senate and House Republicans in the budget resolution they plan to adopt in ...
Recent reports from the Congressional Budget Office (CBO) and the Bipartisan Policy Center estimate that the debt ceiling, ...
A House GOP aide told The Post that the “target cuts” for both chambers of Congress will be reconciled — with at least $1.5 ...
Tax collection projections are down. Refunds are up. That’s a formula that could dampen US government revenue and, if it ...
At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...
Moody’s added to the growing list of U.S. debt warnings in a report that sounded the alarm on the deteriorating fiscal ...
The mix of slower population growth and unfettered spending will also result in weaker economic growth over the next three ...
Weak population gains and higher government spending could hamper growth over the next 30 years, the CBO said Thursday.