Deficit hype sounds serious, but it really isn’t.
Tag: Government Bonds
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The Constitution Can’t Enforce Itself
Congress has to get serious about the 14th Amendment. So does President Biden.
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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
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As Debt Limit Threat Looms, Wall Street and Washington Have Only Rough Plans
A default is likely to rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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Lower Inflation Presents the Fed with a Paradox
The fact that consumer prices fell isn’t entirely a good thing for the Federal Reserve.