The next big fiscal debate will come this summer when Congress must raise the government's debt ceiling. Because Washington leaders avoided pushing the economy off the fiscal cliff early this year, the rating agency is hopeful the White House and ...
Wall Street Journal (blog)
View Complete StoryCurrency map (Image: Currency map via Shutterstock)After the global financial crisis hit in 2008, federal spending spiraled out of control. The government made controversial interventions to prevent the economy from descending into depression. The ...
View Complete StoryMany Republicans see this debt ceiling debate as an opportunity to force structural changes to the federal government. Senate Minority Leader Mitch McConnell (R-KY) has offered the most specific public position among Republican leaders. “We're not ...
Fox Business
View Complete StoryThe real worry, however, is that fiscal policy has the potential to derail the economy -- if the political debate becomes focused on whether to increase the federal debt ceiling later this year. Most economists are deeply skeptical that the U.S. would ...
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