The Debt Ceiling Showdown, Explained

The administrator of the Environmental Protection Agency is expected on Thursday to repeal a scientific finding that requires the federal government to fight global warming. The move is the latest push by the Trump administration to wipe out climate regulations in the United Stat ...  Show more

Last week, the Trump administration unveiled TrumpRx to try to counteract the high cost of prescription drugs. The president hailed the website as a “transformative” health care initiative.Margot Sanger-Katz, who covers health care policy, explains how the site works, and whether ...  Show more

The US debt ceiling is all anyone in Washington (and increasingly elsewhere) can talk about these days. For months, politicians have been in a stalemate triggered by Republican demands for spending cuts as the price for paying America's debts. With next week seen as the point at ...  Show more

The White House and Congress are battling over raising the nation’s $31.4 trillion debt ceiling. If they don’t act and the US defaults on its debt this summer, the economic shockwaves will be felt across the nation and around the world. Even so, the conventional wisdom in many pa ...  Show more

Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Right now, the debt limit is $31.4 trillion dollars. Once we reach that limit, Congr ...  Show more

The clock is ticking for Congress to raise or suspend the debt limit. Otherwise, the US will default on its debt for the first time in history. CNN Political Director David Chalian explains the impact this would have on the country and the political factors at play. President Joe ...  Show more