Committee for a Responsible Federal Budget9h
Reforming the Debt Ceiling
The debt ceiling was reinstated on January 2, 2025. Lawmakers should lift it as soon as possible rather than relying on ...
The U.S. Has Hit The Debt Ceiling. How Long Does Congress Have To Fix It?
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain deadline for when the U.S. can no longer pay its bills.
Cryptopolitan on MSN4h
Elon Musk’s DOGE might fail American’s Debt Clock – It “is terrifying”
Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
Treasury Cuts Sizes of Bill Auctions as Debt-Cap Pressures Bite
The US Treasury Department cut the size of some benchmark bill auctions, the start of what’s likely to be a series of ...
New York Post25d
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
The federal government will hit its debt limit one day after President-elect Donald Trump’s inauguration – at which point “extraordinary measures” will be taken to keep the US from ...
Scripps News on MSN12d
Speaker Johnson floats negotiating with Democrats on US debt ceiling
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
DOGE’s Treasury Access Could Let GOP Off The Debt Limit Hook
Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
Speaker Johnson pivots on debt limit, and debt hawks like it
House Speaker Mike Johnson said one of President Trump’s top priorities, increasing the debt limit, will now be part of ...
Johnson floats possibility of working with Democrats on debt ceiling
Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with Democrats to raise the debt ceiling instead of including it in the GOP’s ...
Rep. Peters Revives Bill Intended to Halt 'Brinksmanship' Over Debt Limit
Reps. Scott Peters (D-CA-50) and Bill Huizenga (R-MI-4) reintroduced a bipartisan bill to reform how Congress handles the ...