The Problem With a $2 Trillion Deficit

The intense fallout from Alex Pretti’s death has forced President Trump to publicly change course in Minneapolis.The White House reporters Zolan Kanno-Youngs and Tyler Pager discuss the changes, and whether they are real or merely symbolic.Guest:Zolan Kanno-Youngs, a White House ...  Show more

Since December, the U.S. has been stopping and seizing oil tankers traveling in and out of Venezuela. They are part of what is known as a ghost fleet — tankers that try to secretly move oil around the world, funding states such as Venezuela, Iran and Russia.Christiaan Triebert, a ...  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