Fitch places US AAA credit rating on negative watch, citing increased political partisanship
Fitch Ratings put the United States' AAA credit rating on negative watch, citing brinksmanship and increased partisanship over raising or suspending debt ceiling.
GOP senator warns Americans: 'Retirement is now in jeopardy'
Sen. Mike Braun, R-Ind., explains how Democrats' excessive spending and debt ceiling stalemate means Americans' retirements are "now in jeopardy" by not producing the best return.
Treasury to run low on cash by June 8 or 9 unless debt limit raised: Goldman Sachs
A pair of Goldman Sachs economists wrote that the Treasury is likely to run out of the funding needed to pay federal bills by June 8 or 9, although cash could run low sooner.
Lawmakers sound alarm as US national debt clock ticks: ‘Catastrophic'
Democrat and Republican House reps. explain how defaulting on U.S. debt will create a "catastrophe" for real estate, housing and "so many different markets."
Why Wall Street’s spooked about debt default risk
The chances of the U.S. defaulting on its debt are low, but experts are warning that financial markets and the economy are still facing a wall of worry as lawmakers duke it out.
Kevin McCarthy doubles down on GOP's debt ceiling stance: 'I never give up'
House Speaker Kevin McCarthy, R-Calif., says the Biden administration has agreed to a new debt ceiling negotiation structure and emphasized Republicans "don't want to have a Biden default."
Treasury’s budget numbers show Biden’s using scare tactics. There’s no risk of default
Biden has been crying wolf with warnings about budget defaults. Treasury still has the ability to prioritize its payments, so that’s not a realistic danger.
Biden says Republicans are 'holding the economy hostage' in wake of debt limit meeting
President Biden slammed Republicans for "holding the economy hostage" by insisting on spending cuts as part of a bipartisan compromise to raise the national debt and avoid default.
Biden calls debt ceiling meeting with McCarthy, congressional leaders 'productive': 'Default is not an option'
President Biden said that a meeting between congressional leaders on the debt ceiling was "productive," and said that the United States will not default.
The Mattress Futures Index: Is the US really going to default on its debt?
There is no barometer to gauge whether the U.S. will collide with the debt ceiling, however the "Mattress Futures Index" could be a good jumping off point.
Denver councilwoman proposes taxing 'White-led businesses' as reparations to support minority enterprises
A Denver city councilor said White businesses should be taxed to redistribute wealth to Black and Brown people in the city as reparations for the harms of capitalism.
LARRY KUDLOW: Biden has to quit stalling on debt ceiling and pass McCarthy's Limit, Save, Grow Act
FOX Business host Larry Kudlow discusses ongoing debt ceiling negotiations as the deadline approaches.
Texas lawmakers introduce 'Audit the Pentagon Act,' hope to incentivize government spending transparency
After the Department of Defense failed their fifth audit and is unable to account for 39% of government spending, bipartisan legislatures want to incentivize spending transparency.
Personal financial expert shreds US over ‘ridiculous’ runaway spending: Washington ‘has no backbone’
Ramsey Solutions founder Dave Ramsey discusses federal government spending amid the debt ceiling debate.
House Republican leader says debt limit vote must be GOP's top priority
Passing a debt limit bill must be the GOP's top priority in the upcoming legislative session, Republican Study Committee Chairman Kevin Hern told colleagues.
US, China to lead growth in government debts
Worldwide government debt declined briefly with the end of costly pandemic-related measures, but it is expected to start climbing again this year, the IMF said.
US spending $5 billion to increase new COVID vaccines' speed of development
The U.S. government is spending more than $5 billion to increase the speed of development of new COVID-19 vaccines and treatments, according to officials.
Federal budget deficit hits $1.1 trillion in first half of fiscal 2023, $430 billion higher than last year
The federal budget deficit shot up to $1.1 trillion in the first six months of fiscal year 2023, according to an analysis by the Congressional Budget Office.
This is what happens when government floods our economy with easy money
The culprit responsible for high inflation was profligate government spending in the form of multitrillion-dollar spending bills sold as "COVID relief" and "infrastructure."
Dr. Ben Carson shreds blue states for ‘dumbing down’ nations' schools: Children are not being educated
Dr. Ben Carson makes a strong argument for more states to follow Texas' lead and invest in school choice, as Democrat-led states practice "purposeful dumbing down of people."