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Failing to raise the debt limit before the Treasury runs out of cash could trigger further credit downgrades and roil ...
Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say it’s unlikely to raise borrowing costs in the short term.
The U.S. government’s debt is not a cause for concern, as it is self-funded and the Federal Reserve can always step in to ...
The actual economic impact of the debt ceiling run-up in 2011 is hard to isolate and quantify, Pugliese said, noting how the sluggish US economic recovery also experienced spillover effects from ...
Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...
The U.S. reached its debt ceiling earlier this week, ... And you said that the country faces a lot of long-term economic challenges and that bickering over the debt ceiling is basically a waste of ...
WASHINGTON — The United States hit its debt limit on Thursday, prompting the Treasury Department to begin using a series of accounting maneuvers to ensure the federal government can keep paying ...
The debt ceiling does nothing to enforce fiscal discipline—and threatens real economic harm. Congress should drop this outdated and dangerous charade. President Trump is right. We should junk ...
Despite Trump's suggestion, economic experts have said they agree that breaching the debt ceiling would certainly lead to economic chaos. The U.S Capitol is seen on Capitol Hill in Washington, Dec ...
President Joe Biden's top aides and local officials nationwide pleaded with U.S. lawmakers on Friday to resolve a government debt showdown that they warned could spark an economic crisis.
Washington Post columnist and editorial writer Heather Long speaks with Jason Furman, former economic adviser to President Barack Obama, about the escalating battle over the debt ceiling on ...
That ultimately was the date when Congress passed, and President Barack Obama enacted, a law increasing the ceiling. The actual economic impact of the debt ceiling run-up in 2011 is hard to ...
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