The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too ...

For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted, as ideas were floated to postpone ...

But it can’t once it hits the debt limit. When America reaches the debt ceiling, Yellen – or the acting agency leader if the limit is reached after Trump’s inauguration on January 20 ...

The question refers to the current dispute between President Barack Obama and conservative Republicans lawmakers over the debt ceiling and the August 2 deadline when the US could default in a ...

US federal debt and budget deficits are at extreme ... because they’re assuming the fiscal crisis predicted by the current debt trajectory will be averted before it happens.

When will the US hit its debt ceiling? Here's what you need to know ... However, over the years both parties have tied it to government spending and used the debt ceiling as a cudgel to force the hand ...

The US has raised the debt ceiling 103 times since ... adding to the government’s current debt of about $36 trillion. Democrats may respond positively to Trump’s proposal to eliminate the ...

The president-elect has also called on lawmakers to raise the debt ceiling – or get rid of ... However, if the US were to default and for the first time in history fail to pay back those debts ...

America’s national debt has risen to $36 ... White House will run out of room to borrow if it keeps racking up debt at the current pace. Olivier Blanchard, a former chief economist at the ...

“If they want to get rid of it, I would lead the charge.” With the national debt having just surged past $36 trillion — some 30 percent larger than the economy — the timing is hardly ideal to remove a ...

President-elect Donald Trump added a wrinkle to negotiations over a deal to fund the government when he called for an increase to the debt ceiling.

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