Biden and McCarthy agree on suspending the US debt ceiling
Picture this: the world's largest economy is stuck in a full-blown financial disaster.
Us debt
Did concerns over the US debt lead to a smaller stimulus package?
The US$900 billion bipartisan bill is on the lower end of what has been more than half a year’s worth of proposals for further coronavirus stimulus and economic relief.
With agreement having been reached on the latest coronavirus relief bill on Capitol Hill, some lawmakers have begun to
The GOP is expected to shift their focus back to the growing US debt during the Biden administration
As President Donald Trump ends his time in office, he leaves the country with record debt of nearly US$27.5 trillion.
In American politics, it has long been accepted doctrine that the Republicans (or the GOP) are the party of fiscal responsibility, whereas the Democratic Party supports expensive social
Will both Biden and Trump increase US debt?
Former Vice President Joe Biden and President Donald Trump are both signaling a continued expansion of the US debt, which is already at record levels. The ways they will do this, however, could not be more different.
The coronavirus pandemic and its subsequent economic fallout have seen the United States
How has US debt grown under Trump’s presidency?
During the 2016 presidential campaign, candidate Trump promised he would eliminate the US debt “over a period of eight years.” He has instead presided over its fastest-ever increase.
The coronavirus pandemic has caused the United States’ debt and deficit to reach unprecedented levels as federal rescue packages have attempted to