The Problem With a $2 Trillion Deficit

Warning: This episode contains strong language. The Civil Rights Division of the Justice Department — founded to focus on fighting race-based discrimination — has drastically changed the kinds of cases it pursues, dropping or setting aside many already in progress. Sarah Koenig f ...  Show more

A continuing military investigation has determined that the United States is responsible for a strike that hit an elementary school in Iran, according to U.S. officials and others familiar with the preliminary findings. Iranian officials have said the death toll was at least 175 ...  Show more

There’s been a lot of talk about the ever-growing U.S. federal deficit lately. That discussion has largely revolved around spending cuts. But the flip side of the issue— that is, increasing revenue — is largely ignored. We’ll get into what increasing the government’s revenue coul ...  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

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

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