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, ...
The national debt is the total sum of money the U.S. government owes its creditors. The U.S. national debt primarily consists of public and intragovernmental debt. The debt-to-GDP ratio is a crucial ...
Concessions made by Speaker Kevin McCarthy heighten economic risk, experts said. House Speaker Kevin McCarthy, R-Calif., emerged with gavel in hand on Saturday after fierce Republican negotiations, ...
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