President rescinds order to halt payments to US government programmes
Funding measure gets bipartisan backing after days of bickering on Capitol Hill
America’s debt pile and the case for tax cuts will be flashpoints inside the new administration
Congress faces Friday night deadline after president-elect helped kill initial draft legislation
President-elect’s intervention raises odds of federal closures by weekend
While the long-term trajectory of the fiscal debt will probably remain a concern, there are some potential incremental actions the incoming president could take
The nation is borrowing to finance current consumption rather than to make much-needed long-term investments
Trajectory of America’s debt burden feels unsustainable
Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
Since the era of ultra-low interest rates ended, large-scale government borrowing is looking more and more problematic
And replies on UK stocks
A growing body on the right now believe that Medicare and other programmes must not be cut at all
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office head
Plan offers stark contrast with Donald Trump’s economic plans ahead of November’s presidential election
Budget office points to surge in government debt costs after pandemic-era fiscal splurge to prop up economies
Short-term funding measure will give lawmakers chance to negotiate Ukraine aid deal
Continuing resolution would give divided Congress more time to pass budget under threat of a shutdown
The US economist on how boosting supply is a better way out of the inflation trap than crimping demand
Agreement between Republicans and Democrats comes weeks before another funding deadline
Presidential hopefuls criticising the expansion of national debt under Trump should think again
Dissidents’ vote against their party’s own stop-gap measure is blow to House Speaker McCarthy as Saturday budget deadline looms
Report comes as hopes for congressional deal to avert crisis fade
The economy could take a hit in less than a week if hardline Republic holdouts do not strike a deal
Millions will be furloughed in a week’s time if no deal is struck with small group of conservative holdouts
We look at new papers published at the central bankers’ summit in Jackson Hole
