The U.S. national debt is climbing at a rapid pace and has ... while the deficit did shrink during that time period, that is largely because emergency measures put into place during the COVID ...
The cap at the time was $31.4 trillion. In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled ...
US President Joe Biden and Republican ... to pass a short-term increase in the debt limit in order to buy White House and Republican negotiators more time to reach an agreement.
NEW YORK, UNITED STATES - JANUARY 19: A screen shows the national debt clock after the US hit its ... The risks could very easily become the real problem and dwarf the ceiling debate.
The cap at the time was $31.4 trillion. In a technical quirk, the US didn’t actually hit the limit on January 2 because the debt level was projected to dip that day due to the scheduled redemption of ...