The Texas Republican is leading the conservative revolt against what his party calls its “big, beautiful bill.” Whether he will dig in or relent could determine the measure’s fate.
Tag: National Debt (US)
An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
Trump and Democrats Agree: U.S. Needs a National Wealth Fund for Investments
Donald Trump has suggested he wants one, and the White House indicated that it has been quietly working on a proposal to set one up.
Yellen May Face Questions in Morocco Over U.S. Dysfunction
Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.
A Big Day for the Debt Ceiling
The bipartisan debt limit deal still isn’t assured of passing.
Debt Deal Includes a Green Light for a Contentious Pipeline
Climate activists are livid over a provision in the debt limit agreement that orders federal agencies to issue permits for the Mountain Valley Pipeline — and says courts can’t review them.
What’s in the Debt Deal
Leaders from both parties have reached an agreement.
For Biden, Debt Limit Crisis Complicates Trip to Asia
Volatility has become the new norm in Washington as the president heads to Japan, where he will reassure world leaders that the debt ceiling showdown will not upend the global economy.
Yellen Calls Invoking 14th Amendment to Raise Debt Limit ‘Legally Questionable’
The Treasury secretary warned that a default would lead to a “very substantial downturn.”
Debt Showdown
Lawmakers are starting discussions on the debt limit, weeks before a critical deadline.