Now that the bill is law, the nation will not risk running out of money to pay its obligations for two years.
Tag: National Debt (US)
-
Biden’s Debt-Deal Strategy: Win in the Fine Print
The president and his negotiators believe they worked out a deal that allowed Republicans to claim big spending cuts even as the reality was far more modest.
-
The Debt Ceiling Deal and Climate Action
Tucked into the measure are changes to how the government approves projects at the center of the country’s climate goals.
-
Biden to Deliver Oval Office Address as U.S. Averts Default
The president will speak on Friday evening after congressional passage of legislation that narrowly averts economic calamity.