Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.
Let’s hope that Elon Musk is, indeed, a latter-day Grant, doggedly pursuing the spending that strangles our country, demanding the unconditional surrender of those who will somehow claim that ...
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
In the US, however, we have added a bizarre and hazardous extra step to this process: If Congress’s laws require the Treasury ...
After placing 11,500 liens on patient homes for unpaid bills, a North Carolina hospital canceled them. Here’s what ...
The economic crisis is forcing a huge number of Americans to turn to grocery stores for help to support their families. The ...
A type of risky debt that has taken US capital markets by storm in the past year is now emerging in bonds designed to unlock hundreds of billions in lending for the world’s poorest.
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
Mike Maharrey sat down with economist and internet personality Dr. Peter St. Onge to discuss pressing issues surrounding U.S. national debt, government spending, and economic recovery strategies under ...
The Washington Post on MSN11d
Democrats flip the script, eyeing debt limit to block Trump’s agendaRepublicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.
Rising deficits and interest costs impede economic growth and undermine global trust in the dollar.
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