national debt

Relax! The Government Won’t Default And Send The Economy Into A Tailspin Until July — Probably

Tax season receipts are still down, but not as much as feared, easing concerns over a possible June “drop dead” debt default date.
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No, You Can’t Balance The Budget In 10 Years. At Least If You Want To Stay In Office.

There’s a reason the federal budget hasn’t seen a surplus since 2001. Hint: it’s hard.
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Debt Limit Fight Ramps Up As Mitch McConnell Makes Key Demand

Now that a Democrat is in the White House, the GOP is raising alarms about deficits after years of looking the other way under Trump.
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John Oliver Compares National Debt To Regé-Jean Page Having Sex On 'Bridgerton'

The "Last Week Tonight" host used the star's shocking departure to explain that the trillions the U.S. owes isn't quite as dire as it seems.
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GOP Has Lost Credibility On Federal Debt Gripes, Chris Wallace Tells Sen. Roy Blunt

Under Trump, $3 trillion was added to the national debt before the pandemic while tax revenue was slashed by $1.5 trillion, Wallace reminded the Republican.
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Are Deficits Hawks An Endangered Species? A Panel Asks At CPAC.

Under President Donald Trump? Probably.
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Trump Vowed To Wipe Out National Debt; Deficit Soars 42 percent

The nation's total debt has topped $22 trillion for the first time in U.S. history.
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The GOP Just Passed A Tax Bill That Would Overwhelmingly Benefit Wealthy Corporations

The Senate just passed a massive tax cut for the wealthy, despite continuing to claim how good this is for the middle class.
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Tax Cuts On The Fast Track – Even With Child Tax Credit Still Up In The Air

Unless the $1,000-per-child tax credit is doubled, most lower- and middle-income families will barely see a cut, if at all.
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Donald Trump's Tax Plan Is A Ludicrous Windfall For The One Percent

It would cost more than $7 trillion over the next decade, according to one analysis.
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