Juliegrace Brufke U.S. debt held by the public will reach 77 percent of GDP by the end of 2025 if tax and spending policies are not reformed, the Congressional Budget Office projects. The federal deficit is at its lowest since 2011, but the CBO projects it will go back up in the next two years, contributing to a…
Jonah Bennett on October 8, 2015 Recent experience suggests that in the event of a defense bill standoff between Congress and the White House, the White House tends to win. At least, that’s what’s happened the past four times when the White House threatened to veto the National Defense Authorization Act, according to a new…
Juliegrace Brufke on October 8, 2015 Presidential hopeful Ben Carson stumbled over his stance on whether or not he would raise the debt ceiling during a radio interview Wednesday. When “Marketplace” host Kai Ryssdal asked the former pediatric neurosurgeon if he would support an increase, the candidate was unable to directly answer the question, instead focusing on…