“We’ll raise it." Senate Majority Leader Harry Reid said on Wednesday that if the $16.394 trillion current legal limit on the federal government's debt must be...
The U.S. economy is showing signs of slipping back into a recession thanks in part to financial strain at the state and local levels, says Meredith...
Rep. James Clyburn and a group of House Democrats are urging President Barack Obama to invoke the 14th Amendment to raise the debt ceiling if Congress...
President Obama must be grinning from ear to ear. not only has the news reported yesterday that Senate Majority Leader Mitch McConnell is scheming to raise...
The International Monetary Fund's new chief foresees "real nasty consequences" for the U.S. and global economies if the U.S. fails to raise its borrowing limit. Christine...
Our National Day of Reckoning Has Arrived. President Obama projects that the gross federal debt will top $15 trillion this year, officially equalling the size of...