In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.
The debt ceiling is the legal limit on the total amount of federal debt that the US government can have outstanding. Read ...
The new legislation will feature 16 schedules and 23 chapters compared with 14 schedules in the existing Act, with sections ...
The bill will need to pass a second reading on the Senate Floor next Wednesday and pass out of the Senate into the House next ...
House Republicans are seeking to cut $2 trillion in mandatory spending, which covers social programs, over a 10-year period.
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