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Debt ceiling deal ignores US debt time bomb

Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating US default, but does little to slow a massive buildup of total federal debt now on pace to exceed $50 trillion in a decade.

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Paul Ryan's radical beliefs about budgets, politics, and society – Catholic World Report

Paul Ryan's radical beliefs about budgets, politics, and society – Catholic World Report
catholicworldreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from catholicworldreport.com Daily Mail and Mail on Sunday newspapers.

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Debt ceiling: How the 2023 drama is '100% different' than 2011 [Video]

For months now, Washington and Wall Street have been looking to 2011 as a guide to the current crisis. But there are some key differences.

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Debt ceiling: How the 2023 drama is '100% different' than 2011 [Video]

For months now, Washington and Wall Street have been looking to 2011 as a guide to the current crisis. But there are some key differences.

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End of the Threat to Obamacare? Not at All

President Obama’s narrow victory has left proponents of the Affordable Care Act (ACA) breathing a collective sigh of relief, believing that the legislation is safe. It’s true, of course, that the election’s outcome has ended the prospect of a new administration using Republican majorities in both chambers and the budget reconciliation process to force outright repeal. But the reality of the economic and political situation means the core elements of the ACA remain very much in play.

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