President Donald Trump and key Senate Republicans are still grasping for a solution to the US closing in on the debt ceiling ...
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New York Magazine on MSNWhile DOGE Goes Fast, Congress Goes Slow on Trump AgendaMass deportations and a debt-limit increase are being stalled by House-Senate differences and the massive size of the budget ...
A key House Republican projected Wednesday that the US could hit the debt ceiling as soon as mid-May, several months sooner ...
The Louisiana senator has been tapped to consult with the president on a strategy for avoiding a federal default.
The current debt-ceiling impasse could threaten the Federal Reserve’s ongoing balance-sheet runoff causing gyrations in the ...
As Congress moves toward the 33rd temporary reauthorization of the National Flood Insurance Program due Friday, lawmakers are ...
Large swaths of the US government would be forced to stop operating at midnight on March 14 if Congress does not pass ...
The national debt can lead to higher inflation, higher interest rates, leave the country vulnerable to financial crises, and ...
The debt brake limited new borrowing to 0.35% of gross domestic product – a tight limit when compared to European Union budget rules requiring less than 3%, and the 2024 U.S. federal deficit of ...
At such a critical moment in US history, we need reporters on the ground ... It’s a major change in Germany’s debt-averse political culture. Intensifying debate over the debt brake throws ...
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