In this video, Marco from Whiteboard Finance breaks down the 2023 U.S. debt ceiling crisis and what it means for the economy, interest rates, and government spending. He explains what the debt ceiling ...
Treasury Secretary Scott Bessent said that his department is conducting outreach to major holders of government securities to get a better picture on their thoughts on the federal debt limit.
Sen. Mike Lee advocates for the REINS Act, which would rein in agencies’ power and give Congress more of a say in spending ...
The Country Liberal government has scrapped the Northern Territory’s $15bn debt ceiling, with borrowing forecast to surpass ...
The Northern Territory’s debt continues to climb, with Treasury now predicting the government will breach its own spending ...
House Speaker Mike Johnson is vowing to power forward on a key budget committee vote early next week, setting up a clash with ...
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
Ray Dalio, the founder of the world's largest hedge fund, recently warned of serious economic consequences for the U.S. if ...
The U.S. Treasury on Wednesday maintained its guidance on keeping sales of longer-term debt unchanged well into 2025, despite ...
Congresswoman Nikki Budzinski (IL-13) released the following statement on Musk’s efforts to overhaul the federal government.
WASHINGTON — President Trump asked congressional Republican leaders Thursday to end tax perks for sports team owners and ...