National Debt (US) – Page 8

Biden, Joseph R Jr Democratic Party Federal Budget (US) House of Representatives Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Republican Party Senate United States Politics and Government

How to Enforce a Debt Deal: Through ‘Meat-Ax’ Cuts Nobody Wants

The debt-limit legislation includes a provision meant to force both sides to pass additional bills following through on their deal: the threat of automatic cuts if they fail to do so.

By Catie Edmondson

Biden, Joseph R Jr Federal Budget (US) Food Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Pipelines Student Loans United States Politics and Government Veterans Welfare (US)

Here’s What’s in the Debt Ceiling Deal

Two years of spending caps, additional work requirements for food stamps and cuts to I.R.S. funding are among the components in the deal.

By Jim Tankersley and Alan Rappeport

Biden, Joseph R Jr Federal Budget (US) Fourteenth Amendment (US Constitution) House of Representatives National Assn of Government Employees National Debt (US) Treasury Department United States Politics and Government

Despite Debt Limit Deal, 14th Amendment Questions Linger

President Biden has been considering ways to challenge the constitutionality of the debt limit to defuse the risk of default.

By Alan Rappeport

Biden, Joseph R Jr Federal Budget (US) Harris, Ben (1977- ) Inflation (Economics) McCarthy, Kevin (1965- ) National Debt (US) United States Economy United States Politics and Government

Why the Debt Limit Spending Cuts Likely Won’t Shake the Economy

With low unemployment and above-trend inflation, the economy is well positioned to absorb the modest budget cuts that President Biden and Republicans negotiated.

By Jim Tankersley

mosaec