“It’s always the duty of the president and the Treasury secretary to defend full faith and credit of the United States,” said Robert Bixby, the executive director the Concord Coalition, a fiscal wa
Those pesky Jeremiahs at The Concord Coalition are at it again.
During the latest “Economist Mom” segment on Facing the Future, Diane Lim, a principal at the
As federal agencies and millions of Americans struggle to recover from Washington’s partial shutdown over this year’s budget, we are now facing a potential crisis over the federal debt li
And the State of the Union is . . . ?
In part because of new deficit-financed tax cuts, the Congressional Budget Office (CBO) has moved up its projection for when lawmakers
The original purpose of the statutory debt limit was to remove the requirement that Congress authorize individual issuances of debt, rather than keep the government from acquiring too much debt.
With the national debt surging beyond the $20 trillion mark and Congress considering legislation that would produce even higher deficits than are already projected for the coming decade, the federa
With the national debt surging beyond the $20 trillion mark and Congress considering legislation that would produce even higher deficits than are already projected for the coming decade, the federa