America faces a debt wall. Towering at $38 trillion, our national debt is now 25% larger than the entire economy. It’s slated to grow by at least $1.8 trillion this year alone, possibly by more if the ...
The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt during the early months of his administration.
In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and ...
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 ...
America's debt has the potential not only to destabilize the economy, but to drive democracy even closer to the edge.
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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