The U.S. defaulting on its financial obligations would have catastrophic and worldwide consequences. Some financial experts have even predicted that it could trigger a worldwide downturn equal to the ...
WASHINGTON, D.C. -- The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government open and escalating pressure ...
The United States is grappling with a staggering national debt that has surged to $38 trillion by late 2024. This alarming ...
US debt crisis is spiraling. For the first time in 100 years, America’s debt burden is projected to exceed Italy and Greece, ...
If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...
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 ...
From the White House to Congress, lawmakers are hashing it out on how to solve the nation's massive debt crisis -- and the negotiations, shall we say, are less than pretty. President Obama is set to ...
The US definitely seems to have weakened itself in the international sphere over the past decade. One could argue that the real damage to the US from the September 11 terrorist attacks was caused by ...
There is always a lot of proud boasting in Washington about “American exceptionalism” — the idea that the U.S. was created for some higher purpose, to bring democracy and prosperity to a needy world.
President Trump’s debt-heavy bill could speed up the devaluation of the US dollar. With higher inflation looming, Bitcoin may be one of the few real hedges left. President Trump’s One Big Beautiful ...
The easiest way for the United States to keep paying the debts it owes is for Congress to raise the debt ceiling like it usually does. However, House Republicans do not want to do it the easy way.
The cliche As passage of a bill to raise the debt ceiling became assured today, journalists took a long look at the past weeks of media upheaval. Alongside their sighs of relief came a common thread - ...