Tax Policy Center

debt crisis

Federal Budget and Economy: TaxVox
Republican leaders in Congress have refused to raise the federal debt limit unless the Biden Administration agrees to major spending reductions to reduce the national...
May 11, 2023Leonard E. Burman
Federal Budget and Economy: TaxVox
Partisan congressional squabbling over the nation’s debt limit once again threatens to shut down the federal government and perhaps trigger a worldwide financial crisis. The...
September 22, 2021Leonard E. Burman