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The Federal Reserve has been the primary focus of the markets following the 2020 COVID-19 market crash, as generous spending ...
Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.
There are public holders and government agencies, which all comes into play in the congressional debt ceiling battle.
The U.S. Department of the Treasury took "extraordinary measures" to avoid defaulting on debt, giving lawmakers probably six ...
Reckless borrowing and spending are what got us into this fiscal mess and more of the same won’t get us out. There is no ...
Though raising the government’s borrowing limit is typically a routine procedure, House Republicans are exploiting the ...
Right now, the US national debt is at over $31 trillion and getting higher by the second. Part of what’s feeding this debt is rampant spending and borrowing that our nation can’t afford. On a ...
The U.S. national debt hit an all-time high of $31.5 trillion in January 2023. Precipitated in part by higher government ...
The United States ... limit of $31.381 trillion on Thursday, forcing the Treasury Department to start using “extraordinary measures” to avoid a market-shaking default on its debt.
While President Joe Biden is pushing to raise the debt ceiling, Republicans insist the $31.4 trillion national debt is breaking the economy. For all the sound and fury about raising the United States ...
After some accounting maneuvers the federal government continues running after hitting the debt ceiling of $31.4 trillion.
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