Browsing: debt ceiling
‘Cut up the credit cards:’ Members of Congress call for action after US debt surpasses GDP
By Press Room
The value of debt held by the public has officially surpassed the size of the U.S. economy, and members of…
America’s $38 trillion national debt will exacerbate generational imbalance, says think tank
By Press Room
The United States’ current borrowing trajectory will place an “undue burden on future generations,” an economic think tank has warned,…
Wall Street will be ruled by ‘rumor and pseudo-drama’ if government shutdown goes ahead, warns UBS
By Press Room
Washington seems fairly resigned to the fact a government shutdown will begin at midnight, the first to occur since 2018.…
Treasury Secretary Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt…
The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike
By Press Room
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ABC News says that both Republican presidential nominee Donald Trump and his Democratic counterpart, Kamala Harris, have agreed to meet…








