Debt Ceiling News and Blog Posts

The Fiscal Responsibility Act of 2023 passed just days before the United States defaulted on its debt obligations. Here’s an overview of where voters and politicians agreed and disagreed on the debt ceiling package.

The House of Representatives voted 314-117 in favor of a deal to suspend the debt ceiling and cut spending Wednesday night in a bipartisan vote.

Somehow, Biden and McCarthy managed to resurrect the art of compromise in an extraordinarily uncompromising time.

There’s progress on the debt limit. There’s no progress. Conservatives have revolted. Liberal Democrats are angry. Negotiators actually ate a meal together. That’s a good sign. No it isn’t. Who’s up? Who’s down?

President Biden announced his federal government budget proposal for the 2024 fiscal year this week. Let’s break down some claims made in Biden’s plan and by critics of the plan.

The U.S. officially hit its $31.4 trillion debt limit on Thursday after weeks of stagnant negotiations.

Progressives have made it clear that they are now calling the shots in the Democratic Party.

Congress is juggling two massive spending bills and the need to raise the debt ceiling.