The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
Tag: Federal Budget (US)
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Assessing Political Spin in the Debt Ceiling Fight
Republicans have wrongly suggested that President Biden and his party are solely responsible for the situation, while Democrats have overstated former President Donald J. Trump’s role.
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Meet the Women Trying to Avoid a Spending Train Wreck in Congress
For the first time, the leaders of the House and Senate Appropriations Committees are all women, as is the top White House budget official. Can they avert a fiscal disaster? They’re determined to try.
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Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs
The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.
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Republicans Are Calling for Spending Cuts. Their Proposals Are Elusive.
A renewed focus on fiscal restraint in the debt limit standoff with Democrats poses its own political risks.