High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.
Even if Congress raises the debt ceiling and avoids default, last-minute brinksmanship alone has the potential to create economic damage.
As the U.S. reaches its debt ceiling, the Department of the Treasury is now using “extraordinary measures” to keep the federal government from defaulting on its debts.
As the largest program in the federal budget, Social Security is a critical part of our nation’s fiscal picture and vital to millions of elderly recipients.
A continuing resolution is a temporary funding measure that Congress can use to fund the federal government for a limited amount of time.