The Debt
  • Congress Needs Some Fiscal Rules

    By Veronique de Rugy and Jack Salmon

    Approval ratings for Congress are slumming at 17%. This is nothing new. With the exception of a short-lived patriotic spike following 9/11, it has been going on for decades . Yet this already failing...

  • District of Columbia

    What the Fed’s Rate Cut Means for the National Debt

    The Federal Reserve cut its benchmark interest rate for the first time since 2008 on Wednesday, lowering the target for its overnight lending rate by a quarter point , to between 2% and 2.25%, in an...

  • A sign marks the U.S Treasury Department in Washington

    Treasury Plans Big Jump in Debt Sales

    By The Fiscal Times Staff

    The U.S. Treasury announced Monday that it plans to borrow more – a lot more – than previously projected in the third quarter. Total borrowing is expected to hit $433 billion in the July-to-September...

  • The U.S. Capitol Building is seen shortly before sunset in Washington

    Republicans Defy Trump as House Passes Two-Year Budget Deal

    The House on Thursday afternoon passed a two-year budget deal that would raise spending, suspend the debt ceiling through July 2021 and add an estimated $1.7 trillion to the national debt over the...

  • A cyclist passes the U.S. Capitol in Washington

    Budget Deal Moving Ahead, Despite Outrage on the Right

    By Michael Rainey

    The bipartisan deal to suspend the debt ceiling and increase federal spending over the next two years will get a vote in the House on Thursday, House Majority Leader Steny Hoyer (D-MD) said late...

The Debt Directory

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