WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
In July 2025, Congress narrowly avoided catastrophe by raising the debt ceiling to $41.1 trillion through the One Big Beautiful Bill Act. The reprieve was temporary. With the Congressional Budget ...
We disagree with President Trump on many things, but we can find common ground on abolishing the debt ceiling. We’ve called for an end to the debt ceiling multiple times, and we’re asking our ...
The U.S. national debt has reached a staggering $38 trillion, marking a critical juncture in the nation’s fiscal policy. This figure translates to approximately $111,600 owed per American, ...
In June, I compiled a guide of nine things to know about the debt ceiling. Back then, Congress and the White House had eight weeks to reach an agreement before the Aug. 2 ...
Your recent editorial makes an important point about the dysfunction surrounding the federal debt ceiling. But in doing so, it blends two very different mechanisms: the debt ceiling and government ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
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