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 ...
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National debt hits $38T as Americans owe $111,600 each
The U.S. national debt has reached a staggering $38 trillion, marking a critical juncture in the nation’s fiscal policy. This figure translates to approximately $111,600 owed per American, ...
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 ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
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Opinion: Be bold: Vote to decrease the debt limit
The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...
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