Robert Reich / SubstackFeb 2, 2023
Federal debt has skyrocketed because tax cuts on corporations and wealthier Americans have reduced government revenue. Dig deeper ( 3 Min. Read )
Jake Johnson / Common DreamsJan 18, 2023
The Treasury Department is prepared to take emergency measures to prevent the U.S. from breaching the debt ceiling. Dig deeper ( 4 Min. Read )
Jake Johnson / Common DreamsJul 23, 2019
"It sets up a crisis of the first year of the next president's administration," a former congressional staffer says. Dig deeper ( 3 Min. Read )
By Erica Werner / APSep 6, 2017
The president cuts a deal with Democrats to fund the government and raise the federal borrowing limit for three months, all part of an agreement to speed money to Harvey relief. Dig deeper ( 2 Min. Read )
By Ellen Brown / Web of DebtOct 28, 2015
The debt ceiling is an unconstitutional gimmick that violates the 14th Amendment, and it could be eliminated for good by restoring to the government its constitutional authority to create money. Dig deeper ( 7 Min. Read )
Staff / TruthdigFeb 15, 2014
Truthdig Editor-in-Chief Robert Scheer and the other "Left, Right & Center" panelists discuss House Speaker John Boehner's decision to allow a vote on a debt ceiling increase despite resistance from fellow Republicans, The New York Times' call for an end of the debt limit and the Comcast-Time Warner Cable merger. Dig deeper ( 1 Min. Read )
Peter Z. Scheer / TruthdigOct 30, 2013
Senate Minority Leader Mitch McConnell, R-Ky., announced Tuesday that he now opposes his own plan to avoid the kind of debt ceiling fiasco that nearly led the nation to default this month. Dig deeper ( 2 Min. Read )
Christopher Weyant, Cagle Cartoons, The HillOct 22, 2013Dig deeper
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Business & Economy
