Budget Battles
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Harris Tries to Flip Trump’s Biggest Advantages
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US Economy Stronger Than Previously Thought
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Harris Slams Trump’s Economic Plans, Pledges to Grow the Middle Class
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Trump’s Tax Cut Wish List Tops $11 Trillion
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Harris Prepares a New Economic Pitch
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Republicans Defy Trump on Shutdown Threat
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Speaker Johnson Scrambles for Plan B to Avoid a Shutdown
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Here’s What Happens If Congress Fails to Raise the Debt Ceiling
By Michael RaineyWhat happens if Congress fails to raise the debt limit? A new report from the Bipartisan Policy Center examines that question in detail, and the results aren’t pretty. Here are some highlights — or...
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Why Raising the Debt Ceiling Won’t Be a Problem This Year
By Rob GarverThe final wall of resistance to a “clean” increase of the federal debt ceiling, necessary to avoid a potentially catastrophic government default later this year, appears to have fallen, with White...
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Top GOP Conservative: We Won’t Play Around With the Debt Ceiling
By Rob GarverWhen it comes to the perennial fight to raise the federal debt ceiling, it’s usually best to assume that the struggle to give the Treasury Department clearance to actually pay the debts that the...
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Raise the Debt Ceiling Now, or Face Another Post-Summer Crisis: Meadows
By Eric PianinRep. Mark Meadows, R-NC, one of the most influential conservatives in the House, said Monday he favors quick action this summer to raise the debt ceiling, taking a stand on an issue that is...
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Here’s a Solution for the Annual Debt Ceiling Crisis: Get Rid of It
By Eric PianinWith another debt ceiling crisis looming that threatens a first-ever default by the Treasury and another government shutdown, there is a growing school of thought in the Senate that lawmakers should...
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The National Debt Is a Bigger Problem Than You Think
By Lawrence GoodmanThe U.S. debt situation is worse than commonly realized. Unaddressed, the surge in Treasury borrowing over the last 10 years represents an accident in the offing.
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Mulvaney’s Debt Ceiling Ploy Protects Treasurys, Not Social Security Checks
By Rob GarverThe Trump administration appears to be considering a plan to pay some government debts but not others if the debt ceiling isn’t raised on time. It’s a plan economists and financial markets experts...
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White House’s Debt Ceiling Battle Could Trigger a Shutdown — and a Recession
By Eric PianinAt a time when worldwide confidence in the U.S. has already been badly shaken by President Trump’s go-it-alone, “America First” approach to trade, NATO and climate change, a White House riven by...
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New Debt Ceiling Deadline Could Ruin Lawmakers' Summer Vacations
By Rob GarverThe federal debt limit, previously thought to be an issue that could be postponed to the fall, may need to be raised prior to the August recess, complicating the lives of top Republicans in Congress.
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The Great Risk Shift Is Back
By Mark ThomaThe vote in the House of Representatives to dismantle Obamacare was not the only attempt to undo key legislation from the Obama years that occurred last Thursday.
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Debt Ceiling: What Is It and Why Does It Matter?
By Maureen Mackey, The Fiscal TimesWhat exactly does the term debt ceiling mean, anyway? While lawmakers struggled on Wednesday to button up an eleventh-hour bipartisan deal to end the government shutdown and avert a default on the...
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Boehner Fail: Why the House Keeps Blowing Deals
By Josh Boak, The Fiscal TimesOf course, House Speaker John Boehner’s debt ceiling plan—a last minute gambit to pressure Senate Democrats—just blew up in his face.
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Pentagon Overpays Boeing by Millions
By Brianna Ehley, The Fiscal TimesThe Pentagon needs to keep better tabs on its purchases, or more tax dollars will go down the drain. Within the past few years, Boeing International—the Defense Department’s second largest contractor...
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Dems Accuse Boehner of Sabotaging the Senate Deal
By Eric PianinDemocrats on Tuesday unleashed unusually savage attacks on House Speaker John Boehner (R-OH) for what they termed his “sabotage” of a bipartisan Senate deal to end the government shutdown and avert a...
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The House GOP Just Derailed a Shutdown Deal
By Eric Pianin and Josh BoakWith the Senate almost on the verge of a bipartisan deal to end the government shutdown and avert a default, House Speaker John Boehner (R-OH) decided once again to player the spoiler. In a troubling...