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The U.S. is once again approaching its debt ceiling, and failure to raise it could trigger a chain reaction across global ...
The debt ceiling was suspended in June 2023 and reinstated in January 2025. Where raising the debt limit sets a specific cap, a suspension declines to set a dollar amount.
The debt ceiling was suspended in June 2023 and reinstated in January 2025. Where raising the debt limit sets a specific cap, a suspension declines to set a dollar amount.
After declaring he was stepping away from the political spotlight, Elon Musk got right back in it. As the Senate debated President Donald Trump’s “Big, Beautiful Bill” on Monday before a final vote, ...
The debt ceiling was suspended in June 2023 and reinstated in January 2025. Where raising the debt limit sets a specific cap, a suspension declines to set a dollar amount.
Even a brief debt ceiling breach of about one week would slash 1.5 million jobs, raising the unemployment rate from 3.4% to 5%, a Moody's Analytics report found in March.
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 Congress should drop this outdated and dangerous charade.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 ceiling was suspended in June 2023 and reinstated in January 2025. Where raising the debt limit sets a specific cap, a suspension declines to set a dollar amount.