PoliticsNews
The Congressional Budget Office on Wednesday released a stark forecast of when the government’s borrowing limit would be exhausted—increasing the urgency of congressional Republicans’ budget… Read More
PoliticsNews
After a tumultuous 48 hours and change, the House has voted in favor of a continuing resolution that funds the government until March. The continuing… Read More
EconomyCommentary
As Congress debates a deal to increase the debt limit, here are four things Americans should know: 1. Immediate spending reduction in Biden-McCarthy deal is… Read More
PoliticsCommentary
Democrats and Republicans reached an agreement to lift the debt ceiling, and nothing is going to change in the disturbing pattern of America’s national debt… Read More
PoliticsCommentary
President Joe Biden, writes Politico’s White House Bureau Chief Jonathan Lemire, “has prioritized deal-making throughout the debt ceiling talks. But with GOP obstinate, Biden is… Read More
PoliticsCommentary
As negotiations over the debt limit continue to dominate headlines in Washington, the central focus of the back-and-forth between Democratic President Joe Biden and House… Read More
PoliticsCommentary
Following a number of rounds of discussions between House Republican officials and the Biden administration, the two sides still haven’t reached an agreement on increasing… Read More
EconomyNews
President Joe Biden and Vice President Kamala Harris met with congressional leaders at the White House on Tuesday to discuss raising the debt ceiling as… Read More
PoliticsNews
Republican’s debt ceiling bill likely faces an uphill battle in the Senate. The U.S. House of Representatives on Wednesday passed the Limit, Save, Grow… Read More
PoliticsCommentary
As members of Congress debate the debt limit, some seem to think the government has an American Express “Black Card.” In a 2018 episode of… Read More
EconomyNews
Legislation sponsored by House Democrats would eliminate limits on government spending not by raising the debt ceiling, but by repealing it. Introduced by Rep. Bill Foster,… Read More
PoliticsCommentary
While the debt limit has been removed from most people’s focus, it’s one of the best tools to ensure a limited government that doesn’t burden… Read More
EconomyCommentary
Two major issues will dominate the congressional budget debate over the coming months—the debt limit and the future of the Budget Control Act discretionary spending… Read More
EconomyCommentary
The new debt limit in place since March 16 stands at $19.9 trillion. It’s time for lawmakers to take the fiscal doctor’s diagnosis seriously. Like… Read More
EconomyCommentary
Congress is up to no good. Lawmakers passed a continuing resolution before the end of the fiscal year that will fund the government only until… Read More
EconomyNews
Republican congressmen say the Obama administration misled the American people to believe that the debt limit has to be raised to accommodate more government spending because breaching… Read More
EconomyCommentary
In October 2008, Congress raised the debt limit to $11.3 trillion. Then-presidential candidate Barack Obama denounced the action as “irresponsible” and “unpatriotic.” But those were… Read More
EconomyNews
Speaker John Boehner stepped to the podium this morning to proclaim that he listened to the American people when crafting his budget deal with President… Read More
EconomyCommentary
The debt limit is upon Congress, challenging lawmakers to address rising spending and debt with serious budget reforms. While the administration and its supporters demand a… Read More
EconomyCommentary
Debt limit panic is about to hit Congress. Treasury Secretary Jack Lew announced last week that the U.S. government may not have enough cash on… Read More
EconomyAnalysis
It’s March 16, 2015, and it is the day the debt limit returns—with a vengeance. Since Congress suspended the debt limit for more than a… Read More
The Washington Post’s Glenn Kessler focused his latest Fact Checker column on The Heritage Foundation analogy that suspending the debt limit is like giving a… Read More
The Congressional Budget Office (CBO) revealed in its recent budget outlook that the U.S. national debt will reach a record high of $27 trillion by… Read More
What’s the latest thinking from House conservatives on Obamacare, the debt limit, and temporary government shutdown? Find out today at 11:30 a.m. ET at the… Read More
A voice of reason emerged today among the doomsday predictions over a U.S. government default if the debt limit is not raised by mid-October. The… Read More
Economy News
President Obama is needlessly scaring seniors by suggesting that their Social Security benefit checks may not arrive on time if the U.S. runs out of… Read More
During remarks given after the passage of the Senate continuing resolution today, President Obama stressed once again his unwillingness to work with Republicans to find… Read More
A clear majority of Americans believes that imposing a firm limit on borrowing with spending cuts is the only chance for Congress to kick its… Read More
Treasury Secretary Jack Lew announced a new debt ceiling deadline today, urging congressional lawmakers and the President to come to an agreement concerning the nation’s… Read More
Washington is in the midst of another budget fight this fall over the nation’s debt limit. What some call political brinksmanship others recognize as an… Read More
