EducationNews
President Joe Biden on Friday announced the latest round of student debt cancellations in a statement issued by the White House. Since the Supreme Court’s… Read More
EconomyNews
The U.S. government and those of other countries could be using higher inflation to lessen the value of growing public debt resulting from increased spending… Read More
EconomyCommentary
With 60% of Americans living paycheck to paycheck, most U.S. households could use a raise. But an arbitrary, one-size-fits-all increase in the minimum wage imposed… Read More
EconomyCommentary
President Joe Biden has asked Congress for $106 billion in supplemental “emergency” funding, a proposal that contains several important policy flaws and threatens to drive the… Read More
EconomyNews
The federal government’s debt increased by $2,238,422,431,416.43 in fiscal year 2023, according to data published by the U.S. Treasury Department. On Sept. 30, 2022, the… Read More
EconomyCommentary
House Republicans are in another titanic battle with President Joe Biden on how to balance the budget. Actually, it’s a lopsided debate because Democrats have… Read More
EconomyNews
Fitch Ratings downgraded the U.S. government’s credit rating from “AAA” to “AA+” on Tuesday, a signal that the agency no longer has complete confidence in the government’s… Read More
EconomyCommentary
The U.S. House of Representatives left Washington July 27 for its lengthy summer recess having only passed one of 12 spending bills required to fund… Read More
PoliticsCommentary
The media has given outsized attention to minor modifications to work requirements for welfare recipients in the debt ceiling deal between President Joe Biden and… Read More
EconomyNews
President Joe Biden signed the debt ceiling bill into law on Saturday a week after reaching a deal with House Speaker Kevin McCarthy, R-Calif. “No… Read More
EconomyNews
The Senate voted Thursday evening to pass the debt ceiling legislation, clearing the way for President Joe Biden to sign it into law. The Senate… Read More
EconomyNews
The House-passed bill suspending the nation’s debt ceiling would give President Joe Biden “an unlimited credit card,” Sen. Tim Scott, R-S.C., warned Thursday. “The biggest… Read More
EconomyNews
Sen. Rand Paul, R-Ky., proposes to cap government spending in an amendment to the House-passed debt ceiling bill that resulted from negotiations between President Joe… Read More
EconomyCommentary
This week, Speaker of the House Kevin McCarthy, R-Calif., and President Joe Biden cut a deal to raise the debt limit. The breakthrough came after… Read More
PoliticsNews
The House voted Wednesday evening to lift the nation’s debt ceiling and begin to curb government spending with the votes of both Democrats and Republicans…. Read More
EconomyNews
The House voted Wednesday evening to lift the nation’s debt ceiling and begin to curb government spending, despite resistance from conservatives following weeks of negotiations… Read More
EconomyCommentary
In response to the Great Recession of 2007, politicians resorted to their favorite pastime: recklessly spending other people’s money. Instead of dealing with the real… Read More
EconomyCommentary
President Joe Biden and House Speaker Kevin McCarthy, R-Calif.—both of whom are career politicians—made a deal this week. They agreed to let the federal debt… 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
EconomyCommentary
“This is an urgent message! If you do not respond within 24 hours, we will be forced to terminate your account and foreclose on your… Read More
PoliticsCommentary
As Congress considers the debt ceiling deal negotiated by President Joe Biden and House Speaker Kevin McCarthy, here’s what you need to know about the… Read More
EconomyNews
The debt ceiling deal brokered over Memorial Day weekend by President Joe Biden and House Speaker Kevin McCarthy “fails completely,” the chairman of the House’s… Read More
EconomyNews
A significant majority of Americans believe that the U.S. debt ceiling should only be raised if it’s paired with spending cuts, a CNN poll released… 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
EconomyNews
Thirty-five Republican House lawmakers sent a letter on Thursday to House Speaker Kevin McCarthy, R-Calif., urging three specific actions regarding the debt ceiling as a… Read More
EconomyNews
House Speaker Kevin McCarthy says he isn’t certain a deal on the nation’s debt ceiling will be made Thursday as negotiations between Republican and Democrat… Read More
EconomyNews
House Speaker Kevin McCarthy, R-Calif., says that “there’s a number of places that we’re still far apart” on the debt ceiling as negotiations continue in… 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 Senate Majority Leader Chuck Schumer, D-N.Y., “have finally backed off their idea that they won’t negotiate” on the debt ceiling, according to House… 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
