Trump wants to scrap the debt ceiling. Rep. Brendan Boyle sees a rare chance for bipartisan reform.
It’s common knowledge that the federal debt has been increasing exponentially. Given Capitol Hill’s long track record of just-in-time increases in the statutory debt limit, one wonders just how much ...
The debt ceiling does nothing to enforce fiscal discipline—and threatens real economic harm. Congress should drop this outdated and dangerous charade. President Trump is right. We should junk the debt ...
We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...
Ms. Warren is a Democratic senator from Massachusetts and was a candidate for president in 2020. It is possible that hell has frozen over. President Trump and I agree on something very important: ...
The Treasury Borrowing Advisory Committee recommends eliminating the Debt Ceiling, citing its lack of fiscal constraint and numerous negative impacts on the economy. The Debt Ceiling increases debt ...
Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this borrowing cap, most other nations take ...
The One Big Beautiful Bill Act raises the debt ceiling by $5 trillion, averting a 2025 debt crisis and enabling continued government funding. Treasury will prioritize short-term Treasury Bill issuance ...
Wendy Edelberg, a former chief economist at the Congressional Budget Office, is a senior fellow in economic studies at the Brookings Institution. Should Congress enact the budget reconciliation bill ...
The clock is ticking for lawmakers to raise the nation’s debt limit to avert a default that could have catastrophic economic consequences as Republicans mull whether to include a provision to increase ...
Kentucky GOP Sen. Rand Paul responded to criticism from President Trump over his opposition to the spending in the "One Big, Beautiful" budget reconciliation package currently waiting to be edited by ...