May 27 Watch 2:38 News Wrap: Democrats, Republicans narrow in on debt limit deal In our news wrap Saturday, House Republicans and the White House signaled that a deal to raise the debt limit is within reach, the Texas House of Representatives impeached the state’s Attorney General Ken Paxton, Vice President Kamala Harris became… Continue watching
Sep 22 House pushes through debt and government funding plan, will face pushback from GOP By Lisa Mascaro, Kevin Freking, Associated Press The House has approved legislation to fund the government, suspend its borrowing limit and provide federal disaster and refugee aid. Continue reading
Jul 23 Yellen outlines to Congress emergency measures on debt limit By Martin Crutsinger, Alan Fram, Associated Press In a letter Friday to House and Senate leaders, Yellen said that her actions would buy time until Congress can pass legislation to either raise the debt limit or suspend the limit again for a period of time. Continue reading
May 03 Treasury announces plans to borrow $463 billion this quarter By Martin Crutsinger, Associated Press The big increase of $368 billion was attributed to passage of a $1.9 trillion support measure that President Joe Biden pushed through Congress in March which provided another round of relief payments totaling $1,400 per individual. Continue reading
Mar 04 CBO expects U.S. federal debt to double over next 30 years By Josh Boak, Associated Press The long-term drivers of managing the debt are rising interest rates and spending on programs such as Social Security and Medicare. Continue reading
Sep 23 WATCH: Senate budget committee holds hearing on updated CBO outlook By Martin Crutsinger, Associated Press The Treasury Department said that the U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year. Continue reading
Oct 25 Watch 11:13 From Lebanon to Chile, economic uncertainty is driving a wave of protests By Jane Ferguson, Nick Schifrin As 2019 enters its final quarter, protesters have taken to the streets in dozens of places worldwide. While circumstances differ from country to country, demonstrators are united in frustration with economic disparities -- and perceived government inaction to address them. Continue watching
May 21 Congressional leaders make progress on debt, spending talks By Andrew Taylor, Associated Press 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. Continue reading
Jul 29 On trade policy, Trump is turning GOP orthodoxy on its head By Kevin Freking, Associated Press President Donald Trump's trade policies are turning long-established Republican orthodoxy on its head. Continue reading
Feb 09 Watch 7:10 The budget deal will add billions to the deficit. What are the benefits and risks? 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… Continue watching