debt
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PublishedJune 2, 2023
Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
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PublishedJanuary 17, 2023
How ominous is the U.S. debt limit problem?
So far, House Speaker Kevin McCarthy and President Biden are playing what could be a dangerous game of chicken with the world’s largest economy in the middle.
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PublishedJanuary 3, 2023
Commentary: Five major political questions facing America in 2023
From the national debt and the prospect of presidential impeachment to the fate of Justice Sonia Sotomayor, there’s a lot to watch out for.
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PublishedOctober 13, 2022
Tom Purcell: Our wild debt party is over
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PublishedAugust 2, 2022
Credit card debt surged as inflation forced Americans to borrow more
Credit card balances increased $46 billion in the second quarter, a 5.5% increase from the first quarter, and there was also an uptick in new credit card accounts.
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PublishedMay 10, 2022
Americans put more on credit cards as inflation boosts costs, Fed data show
A record 537 million credit card accounts were opened in the first quarter, a jump of 31 million over the past year.
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PublishedMay 7, 2022
Another View: Don’t expect the Fed to work miracles
In conditions like these, monetary policy can only do so much.
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PublishedFebruary 25, 2022
Maine Voices: Bill could help college students graduate, ease Maine’s worker shortage
By reining in the withholding of transcripts over unpaid bills, L.D. 1838 will let Mainers get their degrees and jobs.
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PublishedDecember 22, 2021
Commentary: The Fed’s pivot on inflation, unemployment is the opposite of hawkish
The central bank’s policy stance is actually much more dovish than it was a year ago. This doesn’t bode well for the economy.
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PublishedDecember 18, 2021
Another View: Fed right to keep its options open
Preparing to raise rates amid persistent inflation is prudent risk management.
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