America faces a debt wall. Towering at $38 trillion, our national debt is now 25% larger than the entire economy. It’s slated ...
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 ...
The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt ...
WASHINGTON, D.C. -- The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government open and escalating pressure ...
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 ...
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Senate version of Trump’s budget bill would raise the debt ceiling by $5 trillion—what it could mean for your wallet
Senate Republicans are backing a budget package that would raise the debt ceiling by $5 trillion, the largest increase in U.S. history, raising questions about its economic impact. The proposal is ...
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 ...
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