Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Here’s What Happens If Congress Fails to Raise the Debt Ceiling
By Michael RaineyWhat happens if Congress fails to raise the debt limit? A new report from the Bipartisan Policy Center examines that question in detail, and the results aren’t pretty. Here are some highlights — or...
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Why Raising the Debt Ceiling Won’t Be a Problem This Year
By Rob GarverThe final wall of resistance to a “clean” increase of the federal debt ceiling, necessary to avoid a potentially catastrophic government default later this year, appears to have fallen, with White...
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Top GOP Conservative: We Won’t Play Around With the Debt Ceiling
By Rob GarverWhen it comes to the perennial fight to raise the federal debt ceiling, it’s usually best to assume that the struggle to give the Treasury Department clearance to actually pay the debts that the...
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Raise the Debt Ceiling Now, or Face Another Post-Summer Crisis: Meadows
By Eric PianinRep. Mark Meadows, R-NC, one of the most influential conservatives in the House, said Monday he favors quick action this summer to raise the debt ceiling, taking a stand on an issue that is...
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Here’s a Solution for the Annual Debt Ceiling Crisis: Get Rid of It
By Eric PianinWith another debt ceiling crisis looming that threatens a first-ever default by the Treasury and another government shutdown, there is a growing school of thought in the Senate that lawmakers should...
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The National Debt Is a Bigger Problem Than You Think
By Lawrence GoodmanThe U.S. debt situation is worse than commonly realized. Unaddressed, the surge in Treasury borrowing over the last 10 years represents an accident in the offing.
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Mulvaney’s Debt Ceiling Ploy Protects Treasurys, Not Social Security Checks
By Rob GarverThe Trump administration appears to be considering a plan to pay some government debts but not others if the debt ceiling isn’t raised on time. It’s a plan economists and financial markets experts...
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White House’s Debt Ceiling Battle Could Trigger a Shutdown — and a Recession
By Eric PianinAt a time when worldwide confidence in the U.S. has already been badly shaken by President Trump’s go-it-alone, “America First” approach to trade, NATO and climate change, a White House riven by...
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New Debt Ceiling Deadline Could Ruin Lawmakers' Summer Vacations
By Rob GarverThe federal debt limit, previously thought to be an issue that could be postponed to the fall, may need to be raised prior to the August recess, complicating the lives of top Republicans in Congress.
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The Great Risk Shift Is Back
By Mark ThomaThe vote in the House of Representatives to dismantle Obamacare was not the only attempt to undo key legislation from the Obama years that occurred last Thursday.
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Which Candidate Can Pull Us Back from the Cliff?
By Eric PianinWashington policy experts are eagerly monitoring election returns tonight seeking clues as to how well positioned the next president will be in dealing with the looming fiscal cliff crisis.
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Obama a Likely Win, but Will He Get the Popular Vote?
By Eric Pianin and Josh BoakIf the presidential election were any closer, the country might have to consider shared custody. Even though the polls suggest President Obama will secure the all-important 270 electoral votes needed...
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U.S. Should Be Urged to Avert Fiscal Cliff: OECD
By ReutersThe Group of 20 leading economies should appeal to the United States to avert automatic spending cuts and tax hikes that threaten U.S. and world growth, the head of the Organization for Economic Co-...
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Slow, but Steady: A Deeper Dive into Jobs Numbers
By Josh Boak, The Fiscal TimesAt first glance, the Friday jobs report looks like a mixed bag for the economy and the presidential election. Payrolls increased by 171,000 in October—eclipsing Wall Street projections by 46,000 jobs...
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Obama's Broken Promises: Will He Deliver If He Wins?
By Josh Boak, The Fiscal TimesPresident Obama never fully delivered on the expectations set by his groundbreaking 2008 victory—a disappointment that Republican Mitt Romney constantly reminds voters about at campaign rallies this...