Top leaders of both parties in Congress made better-than-expected progress Tuesday on two must-do items on the legislative agenda: averting automatic budget cuts and meeting a deadline later this year to increase the government's borrowing limit.
By Andrew Taylor, Associated Press
President Donald Trump's trade policies are turning long-established Republican orthodoxy on its head.
By Kevin Freking, Associated Press
After a brief government shutdown early Friday, Congress approved and President Trump signed a budget deal that's expected to add around $300 billion to the deficit over a decade. Should Americans be concerned? Judy Woodruff gets reactions from Jared Bernstein…
Republican leaders are poised to add a few trillion dollars to the national debt over the next decade.
By Lisa Desjardins
By Josh Boak, Associated Press
Over the next decade, the Republican tax plan would add at least $1 trillion to the national debt on top of an additional $10 trillion in deficits over the same period. This borrowing spree would mark a sharp reversal for…
By Lisa Desjardins
Republicans are facing an internal divide as two central GOP pillars collide: cutting taxes and reining in the federal budget.
An agreement between President Trump and Democrats for a three-month extension for the debt ceiling means Congress temporarily ducks a political debate. But the recurring battle will surface again in December. What could happen if we don’t raise the debt…
By James McBride, Council on Foreign Relations
With the U.S. national debt expanding rapidly over the past decade, the state of the federal budget has come under intense scrutiny. The annual deficit spiked following the 2008 financial crisis, and budget analysts say that without reform government spending…
By PBS NewsHour
Economist Todd Buchholz rails against what America has become: a people who want everything but aren’t willing to pay for it. In “The Price of Prosperity,” he suggests that wealthy nations such as the U.S. inflict harm on themselves, even…
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