by Karl W. Smith As disconcerting as the U.S.’s current debt situation is, the outlook is even worse. When the bipartisan Congressional Budget Office updated its forecasts […]
Tag: national debt
GOP wants to cut Medicare. Here’s how real leaders would handle the deficit
by LZ Granderson Our population was getting older and broker. Between 1900 and 1950, the number of senior citizens in America had grown from 3 million to […]
House GOP’s first order of business? Balloon the $31 trillion national debt
by Thomas Kahn Republicans have long claimed they are dedicated deficit hawks, blaming Democrats for growing deficits and debt. But two votes they cast after electing Kevin […]
Digging deeper and deeper into debt
In his State of the Union address, President Biden claimed he would, be “the only president to ever cut the deficit by more than $1 trillion in […]
A primer on the national debt limit
MORGANTOWN — On Thursday, President Joe Biden signed a bill to raise the United States’ debt ceiling, narrowly avoiding a default on the country’s debt Oct. 18. […]
Schumer-McConnell split bad for everyone
by Carl P. Leubsdorf Americans continue to have a dim view of Congress. And for good reason. Legislative gridlock due to closely divided houses is one factor. […]
Democrats need to prioritize, not give fiscal evasions
As they prepare to spend $1.2 trillion on a bipartisan infrastructure deal, along with a vastly larger sum on a party-line social-policy bill, Democrats might be expected […]
Democrats shouldn’t just raise the debt ceiling — they should double it
by Noah Kaplan Democrats need to recognize that Sen. Mitch McConnell and the Senate Republicans are not bluffing: They will not vote to raise the debt ceiling. […]
Accepting Pelosi’s challenge: I’ll tell you where to cut
Responding to Democrats in her party who are troubled by the massive $3.5 trillion spending bill that would forever transform America into a debtor nation, Speaker Nancy […]
Like children, GOP again toys with U.S. debt ceiling
by Michael Hiltzik You might have thought that, what with the pandemic, global warming-driven catastrophes spreading coast-to-coast, and other urgent matters on their plates, congressional Republicans would […]