In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
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 ...
We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called ...
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 ...
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 ...
Just two weeks after he was sworn into office, former President Ronald Reagan went on national television to address the American people about what he perceived to be a dire problem. It was the ...
What is the national debt? It is the accumulated borrowing of the federal government over many years. What is the budget deficit? It is the yearly difference between federal expenditures and the ...