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Bookmark or Share- Biden and McCarthy reach a final deal to avoid US default and ...The debt ceiling deal has come with just days to spare before a potential first-ever government default. On Sunday, President Joe Biden and House Speaker Kevin McCarthy reached a final agreement and they are urging Congress to quickly pass it.
- US Debt: 5 Myths About America's $33 Trillion Debt Mountain ...America's ginormous debt mountain may look like a dire problem for the country, but there are some common misconceptions, experts say, about what the growing debt pile means.
- We Hit the Debt Limit. What Happens Now? - The New York TimesLawmakers will need to reach a bipartisan agreement to lift the debt limit. The longer it takes, the more turmoil there could be for the United States and the global economy.
- US national debt hits record $34 trillion | AP NewsWASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America’s balance sheet in the coming years.
- US Debt: Why Economists Are so Worried About Huge Buildup ...The federal debt balance hit $34 trillion this year, with the government on pace to rack up another $1 trillion in debt every 100 days, per an estimate from Bank of America. Why is that so...
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