Congress cuts spending only when forced to act, but it should carefully consider its options on the debt limit. The federal government hit the statutory debt limit on May 19, 2013, with $16.7 trillion in debt.[1]; Two days …
Heritage Foundation
Blank Social Security checks are run through a printer at the U.S. Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. The debt ceiling is back, and it could be around for awhile. Secretary of the …
There’s a new idea floating out there that the entire debate about raising the debt ceiling is irrelevant, because the very idea of a debt ceiling is unconstitutional: Growing increasingly pessimistic about the prospects for a …
Ceiling
"I encourage Congress to raise the debt limit at the first opportunity so that we can proceed with our joint priorities," Mnuchin wrote. But the path was unclear as of this week. Several congressional aides told the …
It is debt-ceiling time again. On Saturday, suspension on the U.S. borrowing limit will be lifted and the Department of the Treasury will have to begin to employ extraordinary measures to stay under the cap. Fiscal …
KeyBank
We’ve hit the ceiling. Again. And, unfortunately, I’m not talking about excited jumping up and down, or escaped balloons. I’m talking about the federal government’s legal limit on how much money it can have in debt. On …
The Debt
The 2012 election will decide the real political meaning of the showdown over whether the U.S. would pay its debts. Reuters One year ago, the United States was engulfed in the debt-ceiling crisis of 2011, a self …
Ceiling
Washington (CNN) - There is no daylight between his vote against raising the debt ceiling as a senator in 2006 and his call for Congress to increase the limit in the next 10 days, President Barack Obama said …
Barack Obama
Attention is turning towards raising the federal debt ceiling, which will be reinstated on March 16, 2017 as the debt approaches $20 trillion. At that time, the Treasury Department will begin using accounting tools at their …
Committee for a Responsible Federal Budget
Addressing these budget deadlines should be done with the CBO's warning in mind. It goes something like this: The government's overspending has produced a lot of debt, and it's adding debt at a pace faster than the …
British Sky Broadcasting