Biden’s debt deal strategy: Win in the fine print
In pursuit of an agreement, the Biden team was willing to give Republicans victories on political talking points. But in the details of the text,...
The debt-limit deal suggests debt will keep growing, fast VIEW
The bipartisan deal this week showed how difficult — perhaps impossible — it could be for lawmakers to agree on a major breakthrough to reduce...
How much does the debt-limit deal save? It’s complicated
The bottom-line savings: $136 billion, compared to what the government was projected to spend, spread over two years. Everything else is in flux.
White House and GOP close in on deal to raise debt limit and cut spending VIEW
The deal taking shape would allow Republicans to say that they were reducing some federal spending and allow Democrats to say they had spared most...
Behind the scenes, G-7 nations wrangle over ambitious climate commitments
As leaders of the G-7 gathered, some countries were wrangling over whether to loosen commitments to phase out the use of carbon-emitting fuels such as...
Companies flock to Biden’s climate tax breaks, driving up cost
All the new economic activity centered around green technology is also driving up costs for taxpayers, who are subsidizing the investments.
The debt ceiling debate is about more than debt
Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on reversing energy policy than reducing debt.
How the government decided to rescue Silicon Valley Bank in 72 frenzied hours
Officials were initially unsure about the need for the measures they eventually announced to shore up the financial system, but changed their minds quickly.
Missing from Biden’s budget: His plan for Social Security WATCH
The president's proposal makes no mention of tax or spending increases linked to the program, which is set to exhaust its trust fund in just...