Jim Tankersley and Alan Rappeport

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Here’s What’s in the Debt Limit Deal

Spending caps, additional work requirements for food stamps and a new natural gas pipeline are just several of the components in a deal President Biden...

U.S. on Track to Add $19 Trillion in New Debt Over 10 Years

Congressional Budget Office projections released on Wednesday suggested rising interest rates and bipartisan spending bills are adding to deficits, amid a partisan fight on fiscal...

America Set to Hit Its Borrowing Limit Today, Raising Economic Fears

The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.

World Leaders Meet as Global Economy Faces Multiple Threats

High inflation, food insecurity and a possible global recession loom large as the Group of 20 summit discussions begin.

Democrats’ Plan to Fight Inflation May Lower Costs Over Time

A package of tax increases, lower drug prices and other provisions aimed at reducing the federal budget deficit could alleviate rapid price gains.
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