The debt ceiling does nothing to control spending—and puts the U.S. economy at risk. Congress should eliminate this outdated ...

WASHINGTON – Congress has cleared the first major hurdle in their efforts to pass a sweeping party-line bill to enact ...

“Thus, it should be a reminder to lawmakers every time they pass legislation authorizing more borrowing that the debt ceiling will have to be lifted again.” The national debt has spiraled to $ ...

Treasury Secretary Scott Bessent said Monday that July 4 is the new deadline for lawmakers to pass President Trump’s ...

You can sign up to get this in your inbox every week here. The U.S. could hit its debt ceiling as early as mid-July, a chilling deadline for the nation and for entrepreneurs already whipsawed by ...

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 ...

According to several national news reports, the United States government faces an impending default on its debts in August if it doesn’t raise the debt ceiling or (as unlikely as it is ...

There’s a lot of news coverage about the national debt, especially as we rush headlong to a possible debt ceiling conflict and eventual recession. If Congress and the president don’t get their ...

Their new budget framework is the most irresponsible in modern history—and will put the American economy on a very dangerous ...

Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing ... the long-term growth of the national debt while spurring additional ...

Growth in the national debt will be driven by budget ... US FACES DEFAULT RISK IN AUGUST IF DEBT LIMIT ISN'T RAISED, CBO ESTIMATES Social Security's main trust funds are due to deplete their ...

The Washington Report has been a WQXR tradition for many years. Each week, The New York Times' David Sanger joins us with a preview of the top stories from Washington.