During two dates in December, we can worry about federal spending and debt and who won’t get a check from the U.S. government.
Looking at the game theory behind congressional debt ceiling negotiations, we see a classic example of the prisoner’s dilemma.
Problems with the debt ceiling connect President Eisenhower’s highway spending and President Biden’s transportation infrastructure proposals.
Through just six facts about the U.S. debt, we can get a pretty good picture of what it is, who funds it, and where it might go.
Concerned about the “X” date, Treasury Secretary Steven Mnuchin has written a letter to House Speaker Ryan about the debt ceiling.
A week ago, Treasury Secretary Steven Mnuchin sent a letter to Speaker of the House Paul Ryan. The letter said we will have maxed out our borrowing at midnight tonight. Having reached its “statutory limit,” the outstanding debt of the U.S.…
A debt ceiling controversy could erupt by November 3rd when Jack Lew says the U.S. Treasury will need to borrow to meet its spending obligations.
Our everyday economics includes tradeoffs, debt ceiling, fiscal policy, GDP, productivity, entitlements, regulation, autonomous vehicles, and innovation.