"Biden inherited an economy that was flat on its back because of the pandemic, and he's bequeathing an economy that's flying ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...
Sky News presenter Trevor Phillips confronted Science Minister Peter Kyle with the stark reality of Britain's 0% growth on ...
By reducing collections from tax cheats, those cuts would actually cost more than they save: The CBO projected last year that stripping $20 billion from the IRS would increase the national debt by ...
Net interest payments on the national debt exceeded $892 billion in the 2024 fiscal year. The IMF projects that by 2034, annual interest payments in the U.S. will hit $1.7 trillion and cumulative ...
NCP chief Ajit Pawar and other party leaders have been emphasising regaining the national party status after the Lok Sabha 2024 debacle. In the Lok Sabha elections 2024, the NCP won just one of ...
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One path requires full buy-in from Republican lawmakers to address the issue via budget reconciliation — a huge challenge thanks to the party ... U.S. sits on a national debt of more than ...
Since taking power in 2012, Xi has sought to strengthen the party ... national security regulations. Economist Li Daokui of Peking University and other economists say Beijing needs to reduce the ...
Republicans, however, will control both chambers of Congress beginning on Jan. 3 and at least some of the party's lawmakers ... and thus add more to the debt. The national debt currently stands ...