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Budget

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.
Budget

Fact-Checking the Kickoff to Biden’s Re-election Campaign

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The president omitted key context when discussing the federal deficit, exaggerated his approval ratings and misstated his family history.
Budget

After a Hellish Start and a Honeymoon, McCarthy Faces His First Big Test

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The Republican speaker has stuck to partisan bills that have kept his party united. That ends with a tough vote to raise the debt...
Budget

The Debt Ceiling Debate Is About More Than Debt

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Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.
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