HomeTagsDebt ceiling

Debt ceiling

Debt Ceiling Deal Averts Default, With Poor and Elderly Paying the Price

Held for ransom by Republicans, the debt ceiling deal Biden signed Saturday leaves those on the lower rungs with less support even as the nation’s debt continues to mount.
01:02:47

Making Sense of the Debt Ceiling Crisis: Winners and Losers

The world and the U.S. economy are on the line if this country defaults on its debts. Will the resulting budget cuts and spending caps help or hurt the economy? Much more.