Bill Maher & Jillian Michaels debate the issue of inflation: has America won the pandemic economically or are prices out of control?
The Biden administration on Wednesday announced $4.8 billion in student debt relief for some 80,300 people.
The U.S. government has posted a $1.7 trillion deficit despite warnings about an unsustainable fiscal path moving forward.
Rep. Mike Rogers called the eight Republicans who voted to oust former House Speaker Kevin McCarthy “traitors” in a massive tirade.
Fitch has downgraded the government’s credit rating after years of warning about the growing federal debt in this country.
The national debt will be nearly twice as large as the U.S. economy in 30 years, the U.S. Congressional Budget Office projects.
A dozen conservative lawmakers voted down a rule bringing a set of Republican-backed bills to the House floor for debate, a move that hasn’t been seen in the chamber in over two decades and a clear revolt against Speaker Kevin McCarthy’s leadership.
A large majority of voters say that President Joe Biden should compromise with House Speaker Kevin McCarthy to cut government spending.
The debt ceiling plan that has been put forth by Republicans is expected to get a vote sometime this week.
U.S. House Speaker Kevin McCarthy, R-Calif., said Monday Republicans will vote to cut federal spending when it agrees to raise the debt ceiling.
Concerns are being raised by the Supreme Court over whether Joe Biden can actually forgive student loan debt as he has promised.
The CBO has warned that interest payments on national debt will exceed defense spending during this current decade.