Mr. Bernstein stipulated that while debt financing has its place, the White House also believes it has firm limits within its agenda. “The outcome of all this is going to […]
National Debt (US)
Trending topics and news from the National Debt (US) category
Back to news homeStocks Hit a Record as Investors See Progress Toward a Spending Deal
Wall Street likes what it’s hearing from Washington lately.The S&P 500 inched to a new high on Thursday, continuing a rally aided by signs of progress in spending talks that […]
What the Debt Ceiling Means for Social Security and More
The federal government is about two weeks away from being unable to pay its bills — and that could delay benefit payments to tens of millions of retirees, Medicare and […]
Yellen Warns Congress that Debt Limit Must by Raised by Oct. 18
Treasury Secretary Janet L. Yellen on Tuesday warned lawmakers of “catastrophic” consequences if Congress failed to soon raise or suspend the statutory debt limit, saying inaction could lead to a […]
Treasury’s Janet Yellen Is Being Tested by Debt Limit Fight
Ms. Yellen’s task has been complicated by the fact that while she can readily convey the economic risks of default, the debt limit has become wrapped up in a larger […]
Biden’s Plan: President to Propose $6 Trillion Budget to Boost Middle Class, Infrastructure
WASHINGTON — President Biden will propose a $6 trillion budget on Friday that would take the United States to its highest sustained levels of federal spending since World War II, […]
Janet Yellen on Jobs, Debt, Taxes, Climate and Cryptocurrency
Janet L. Yellen, the Treasury secretary, has given only a handful of interviews since taking up her post about a month ago. Business leaders and investors hang on her every […]
As Some Deficit Hawks Turn Dove, the New Politics of Debt Are on Display
And while running big deficits might have once stoked fears about inflation — as too many dollars chased too few goods — price gains have been too low for comfort […]
Yellen Would Assume Vast Policy Portfolio as Treasury Secretary
WASHINGTON — Janet L. Yellen’s expected nomination as Treasury secretary will place the former Federal Reserve chair into a critical role overseeing President-elect Joseph R. Biden Jr.’s economic and national […]