debt limit

Published
January 28, 2023

Editorial: If Kevin McCarthy is serious about protecting the economy, he’d raise the debt ceiling

There’s no justifying brinkmanship in 2023, when policymakers are striving to head off a recession.
Published
January 27, 2023

Commentary: What Jerry Seinfeld’s ‘Black Card’ can teach lawmakers about the debt limit

In the end, neither the Sultan of Brunei, nor Seinfeld, nor American politicians should be given a limitless line of credit.
Published
January 19, 2023

Fact-check: McCarthy puts a spin on spending math to justify debt limit fight

McCarthy suggests that the Republican-controlled Congresses never increased spending at all. That's false.
Published
January 19, 2023

U.S. Treasury buys time for Biden and Republicans on debt limit deal

The Treasury Department says it has started taking 'extraordinary measures' as the government has run up against its legal borrowing capacity of $31.381 trillion.
Published
January 9, 2023

McCarthy concessions raise stakes on budget, debt limit

By increasing the difficulty of a bipartisan agreement on spending, it could raise the risk of a market-rattling battle over the debt limit and a partial government shutdown later this year.
Published
October 30, 2022

Jim Fossel: The national debt is getting spookier

We always spend freely when a crisis comes along, and we never tighten our belts when it’s over.
Published
October 11, 2022

Another View: Democrats should scuttle the debt ceiling before America hits the fiscal brink

The debt ceiling has routinely been raised over the years, a process that used to be uncontroversial. In today’s deeply divided Congress, that has changed.
Published
December 11, 2021

Commentary: One cheer for another ugly debt-limit deal

The good news: Congress has avoided default. The bad news: Its stupidest law survives.
Published
October 12, 2021

House sends debt limit hike to Biden, staving off default

The relief is temporary as Congress will have to revisit the issue in December.
Published
October 6, 2021

Congress foresees short-term debt fix amid perilous standoff

Buying time until December will allow Republicans to avoid the blame they would have gotten from some quarters for blocking a vote on a longer extension.