A long period of higher interest rates would make the government’s large debt pile costly, a possibility that is fueling a conversation about debt sustainability.
Tag: Tax Cuts and Jobs Act (2017)
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Federal Reserve Officials See Rates Staying High
Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal before the pandemic.
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Pass the Debt Ceiling Deal
Biden’s deal with Republicans would avoid default and deserves support, but Congress was reckless in allowing this standoff to happen again.
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Fact-Checking the Kickoff to Biden’s Re-election Campaign
The president omitted key context when discussing the federal deficit, exaggerated his approval ratings and misstated his family history.