
Federal deficit falls below $1 trillion for first time in five years
For the first time in five years, the U.S. government has run a budget deficit below $1 trillion. The government said Wednesday that the deficit
For the first time in five years, the U.S. government has run a budget deficit below $1 trillion. The government said Wednesday that the deficit
The partial government shutdown has ended but that doesn’t mean anyone has a solid idea for dodging a potential sequel. The legislative stalemate was resolved
Facing a fresh deadline, House Speaker John Boehner said Thursday that Republicans would vote to extend the government’s ability to borrow money for six weeks
President Barack Obama and House Speaker John Boehner offered hints of possible compromise but also traded heated rhetoric Tuesday, a frustratingly inconclusive combination that left
A possible national default loomed closer on Monday as the partial government shutdown lingered, rattling markets in the U.S. and overseas. A gridlocked Congress betrayed
Senate Democrats are drafting legislation to raise the nation’s debt limit without the type of unrelated conditions that Republicans have said they intend to demand,
The government shutdown entered its second week with no end in sight and ominous signs that the United States was closer to the first default
Congress needs to raise the debt limit and take away the “cloud of uncertainty” about the nation’s ability to pay its bills, Treasury Secretary Jack