President Donald Trump is right for once. Last week he proposed that Congress repeal the debt ceiling, a spending limit based on a 1917 law that was intended to facilitate the issuance of bonds during World War I but has turned into a …
[Urgent Note: The nation’s future and a massive debt ceiling hangs in the balance as Trump pushes beyond the Comey hearings. That’s why I’m on a mission to send my new book TRUMPED! A Nation on the Brink of Ruin… and How to …
Answer: Not a penny more than $19.808 trillion -- that's the federal debt limit currently authorized by Congress, which we're expected to hit on or about Oct. 3. In layman's terms, that's the cap on how much debt the government can …
Yesterday, President Trump infuriated fellow Republicans by agreeing to Democratic plans for a short-term debt-ceiling hike, rather than the longer-term one they favor. But something far more significant came out of the meeting: Trump and …
It's time again for one of Washington's favorite manufactured crises. The U.S. surpassed the current debt ceiling in March and is now using what are called "extraordinary measures" to keep the government paying its bills. But that can't go on …
KPBS9mon
The following editorial appeared in the Baltimore Sun on Aug. 11: BALTIMORE (Tribune News Service) — With a Republican president and a Republican Congress, raising the debt ceiling should be no big deal. But what about this …
WASHINGTON, DC — As tensions in North Korea escalate, health care reform efforts are abandoned and the Russia investigation eats up much of the nation's political bandwidth, another simmering legislative crisis has the potential to …
When the national debt ceiling's suspension was automatically lifted March 15, yet another countdown commenced. Congress will be compelled to raise the government's borrowing limit again before April 28 and fund the government. …