In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and ...

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 mild recession, analysts say, would likely be the best-case scenario in the event of the US government defaulting on its debts. WASHINGTON -- The fight over raising the nation's borrowing limit ...

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, ...

WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...

We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...

America's debt pile has grown so large that it now shapes every conversation about interest rates, markets and long‑term ...

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 ...

Traders say Bitcoin will benefit from the proposed $5 trillion increase to the US debt ceiling, but data could suggest otherwise. Historical data fail to show a consistent link between Bitcoin price ...