As federal agencies and millions of Americans struggle to recover from Washington’s partial shutdown over this year’s budget, ...
In part because of new deficit-financed tax cuts, the Congressional Budget Office (CBO) has moved up its projection ...
On Sept. 8 the national debt increased by over $300 billion, surpassing $20 trillion for the first time ...
The original purpose of creating a statutory debt limit in 1917 was not to prevent the government from ...
Two deadlines converge by coincidence this year. They are not related to one another and the precise consequences ...
Congress voted in February 2018 to again suspend the federal debt limit. On March 1, 2019, it went ...
WASHINGTON -- The Concord Coalition said today that updated projections by the Congressional Budget Office (CBO) underscore the ...
Congress has a curious way of doing financial business: It agrees to spend money and then periodically threatens ...
Treasury Secretary Steve Mnuchin warned lawmakers recently that the deadline to raise or suspend the federal debt limit may be ...
Today the federal debt limit will be reset at a level equal to the outstanding federal debt (roughly ...