The Debt
  • A firefighter watches the flames of the Carr Fire advance as it burns west of Redding

    Is Congress Headed for a Disaster Relief Showdown?

    By Michael Rainey

    Deficit hawks warn that soaring budget shortfalls and rising national debt will leave less fiscal space — or at least the perception of less fiscal space — for lawmakers to respond to the next...

  • Treasury Gears Up for a Borrowing Binge

    By Michael Rainey

    As the federal deficit rises, the U.S. Treasury plans to borrow $329 billion between July and the end of September, and another $440 billion in the last three months of the year. If those numbers...

  • President Donald Trump and House Ways and Means Committee Chairman Kevin Brady smile at each other after the U.S. Congress passed sweeping tax overhaul legislation, on the South Lawn of the White House in Washington

    Tax Cuts 2.0 Could Cost $600 Billion

    By Michael Rainey

    Republicans in the House released a brief outline of their proposed next round of tax cuts Tuesday. The two-page document calls for making the individual tax cuts and pass-through deductions, which...

  • Bernanke listens to testimony before the Senate Banking Committee hearing on Capitol Hill in Washington

    A Warning About the Next Economic Crisis from Leaders Who Battled the Last One

    Three top officials who helped steer the U.S. through the financial crisis a decade ago warned Tuesday that, while the banking system has clearly been strengthened, policymakers might find it harder...

  • Is Corporate Debt Pointing to a Recession?

    By Michael Rainey

    A measure of corporate debt levels is reaching worrisome levels, says Joseph Lavorgna, chief economist at the investment bank Natixis. In a note to clients Tuesday, Lavorgna said that the ratio of...

The Debt Directory

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