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Budget

Budget

Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms

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The president will host the House speaker and other congressional leaders at the White House on Tuesday to discuss their impasse over the debt...
Budget

What Happens if Joe Biden Legally Challenges the Debt Ceiling

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There might be short-term chaos in the economy and the markets, but we will be better off as a country in the long term.
Budget

The Cowardice of the Deficit Scolds

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Why “responsible” organizations are enabling G.O.P. extortion.
Budget

In Debt Limit Talks, Biden and Republicans Start Far Apart

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As the president prepares to meet with Speaker Kevin McCarthy this week, his budget shares little common ground with spending and tax proposals from...
Budget

Asked About Age, Biden Says He Knows ‘More Than the Vast Majority of People’

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The president also said that he was not yet prepared to lean on the 14th Amendment to compel the government to pay its debt...
Budget

Doing Whatever It Takes on Debt

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But don’t give in to Republican extortion.
Budget

Everything You Need to Know About the Debt Ceiling

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Congress controls how much money the United States can borrow. Here’s a look at why that is and what it means.
Budget

U.S. Could Run Out of Cash by June 1, Yellen Warns

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Janet L. Yellen, the Treasury secretary, called on Congress to raise or suspend the debt limit so the United States could continue paying its...
Budget

Biden Faces His First Big Choice on Debt Limit

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After Republicans passed a bill that pairs spending cuts and fossil fuel support with raising the nation’s borrowing cap, the president must decide when...
Budget

The Fight Over the Debt Limit

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House Republicans are putting the economy at risk to push spending cuts.
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