Of the many problems likely to be caused by the GOP’s extremely narrow margins in the House next year, the debt ceiling, for now, seems to be the one that has most captured Trump’s attention. Truth ...
We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called ...
The debt ceiling is the legal limit on the total amount of federal debt that the US government can have outstanding. The X-date is when the US government will exhaust its extraordinary measures and be ...
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding that GOP lawmakers ...
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown. President-elect Donald Trump has demanded that a ...
You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight on Jan. 1, officially in violation of the federal debt limit. That’s ...
Republicans want massive spending cuts in exchange for raising the debt ceiling and avoiding default. Chuck Schumer says their legislation won't fly.
The Treasury Borrowing Advisory Committee recommends eliminating the Debt Ceiling, citing its lack of fiscal constraint and numerous negative impacts on the economy. The Debt Ceiling increases debt ...
Republicans are grappling with the possibility they will soon have to work with the Democrats as a deadline to raise the debt ceiling threatens to fray party unity. Washington has until the late ...
In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...