A ticking clock in Washington to avert default by raising the nation's borrowing limit is drawing attention to the $31.4 trillion debt already accrued by the United States government. The country ...
WASHINGTON, September 19. /TASS/. The United States national debt exceeded $33 trillion for the first time, according to the information released by the US Department of the Treasury. This is a ...
The Biden administration?s fiscal policy is a cause for concern, according to a report The International Monetary Fund (IMF) ...
United States President Joe Biden and House Republican speaker Kevin McCarthy have tentatively agreed a deal to raise the federal government’s $31.4 trillion debt ceiling. However, as McCarthy ...
As of April 2023, the U.S. national debt has reached a record high of more than $31.5 trillion. Clearly, the government's increasing debt is not a new trend. To see how it got to this point ...
It’s not exactly a secret that the United States government has a spending problem. The national debt is at $31.5 trillion and counting, and at some point, the bill is going to come due.
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress. Federal spending on servicing the ...
The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually ...
The debt ceiling is the self-imposed limit on how much outstanding debt the U.S. government can carry at any given time. Just like individuals and businesses, governments often borrow money to ...
There is always more than one meaning to any quotable quote. And one of the most quoted in the annals of American politics is from James Carville, Bill Clinton’s top election adviser, about the ...
Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike examine the looming debt ceiling crisis and its likely effect on the IRS’s budget, all in five minutes. This transcript has ...