Politics Aug 23 Biden administration forecasts $1.03 trillion deficit, down by nearly $400 billion By Fatima Hussein, Associated Press
Politics Sep 23 AP Explainer: Why the debt limit is again roiling Washington The idea of the U.S. government breaching its “debt limit” sounds scary. But what, exactly, are lawmakers in Washington fighting about?… By Josh Boak, Associated Press
Economy Mar 04 CBO expects U.S. federal debt to double over next 30 years The long-term drivers of managing the debt are rising interest rates and spending on programs such as Social Security and Medicare. By Josh Boak, Associated Press
Economy Feb 10 Watch 4:07 What Trump’s proposed 2021 budget says about his policy priorities President Trump unveiled a $4.8 trillion budget proposal for the 2021 fiscal year on Monday. His plan includes cuts to Medicaid and other social safety net programs, as well as an increase in funding for the Department of Homeland Security.
Politics Aug 01 WATCH: Senate approves budget and debt deal A hard-won budget and debt deal easily cleared the Senate on Thursday, powered by President Donald Trump's endorsement and a bipartisan drive to cement recent spending increases for the Pentagon and domestic agencies.
Jul 17 Washington talks could soon yield deal on spending and debt By Andrew Taylor, Associated Press The emerging two-year framework would satisfy demands for an outline to guide congressional work on more than $1.3 trillion in agency operating budgets. It would still need to be fleshed out in further negotiations, and puts off battles over political… Continue reading
May 09 Sanders’ economic plan piles $18T on federal debt By Ricardo Alonso-Zaldivar, Associated Press Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families, but they'd also blow an $18-trillion hole in federal deficits, piling on so much debt they would damage the economy. Continue reading