The U.S. government's borrowing limit was reimposed this week, putting the nation days away from going over the debt ceiling. The Treasury Department will be able to use accounting tricks to keep the ...

WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...

A new poll reports that nearly 7 in 10 Americans say they are all for a compromise that breaks the debt-ceiling stalemate as soon as possible. But neither that nor a dire warning from the CBO -- ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...

Fact checked by Suzanne Kvilhaug Reviewed by Michael J Boyle Key Takeaways The national debt is the total sum of money the U.S. government owes its creditors.The U.S. national debt primarily consists ...

Note: A version of this episode first ran in 2023. Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the ...

Neal J. Riley is a digital producer for CBS Boston. He has been with WBZ-TV since 2014. His work has appeared in The Boston Globe and The San Francisco Chronicle. Neal is a graduate of Boston ...

Editor: Donald Trump is not even in office yet and already almost caused a government shutdown for his own sake. I wonder if any of his supporters will care about how he sabotaged a government funding ...

The debt ceiling does nothing to enforce fiscal discipline—and threatens real economic harm. Congress should drop this outdated and dangerous charade. President Trump is right. We should junk the debt ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...