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Budget Cri... Featured News
Cash-Strapped States Turn to Sin Taxes
California makes parole easier
State prison numbers drop for 1st time since 1972
California Budget Deal Closes $24 Billion Gap
Talks fail to break California budget impasse
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The U.S. Debt Ceiling: Everything You Need to Know - The New York Times
Because the United States runs budget deficits — meaning it spends more than it brings in through taxes and other revenue — it must borrow huge sums of money to pay its bills.
Biden, GOP reach tentative deal to raise debt ceiling, avoid calamitous ...
WASHINGTON (AP) — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S. default.
Debt ceiling: America's budget crisis of its own creation - BBC
In times of economic turbulence, US debt is a harbour in the storm. If the US issues new government debt in the form of Treasury bonds, bills, notes and securities, there will be investors, both ...
How Biden and McCarthy's plans for budget deficit, debt ceiling differ
By reducing the deficit, the GOP plan would also save $543 billion in interest on the debt. Here's why President Biden and Republicans are so far apart on how to deal with the budget deficit and ...
Biden says it's 'good news' the shutdown was averted but blames House ...
After resisting, Biden agreed to budget talks, reaching a bipartisan deal that averted a first-ever default. The White House had this time refused to negotiate, stressing that an agreement was already in place and House Republicans are refusing to honor its terms.
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