Biden had insisted on approving the debt ceiling with no strings attached, saying the U.S. always pays its bills and defaulting on debt is non-negotiable. But he launched negotiations after House ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
America faces a debt wall. Towering at $38 trillion, our national debt is now 25% larger than the entire economy. It’s slated ...
In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
As it stands the debt limit is 31.4 trillion dollars, which is more money than, say, the GDP of Ethiopia.
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