The debt limit has a long and sordid history, but it is quite different from the one described by Sen. Ted Cruz.
Everything you need to know about the federal debt limit.
Issue Brief The debt-ceiling debate is the most important issue our government faces today, and the debate is particularly important for Millennials. This issue brief explains what it is, what needs to be done, and what this all means for young Americans.
This infographic compares the impacts of sequestration and immigration reform on economic growth.
We examine federal civilian employees who are being furloughed as a result of the government shutdown and what that means for employees of color.
Issue Brief Though the immediate effects of a U.S. default can be reasonably well predicted, the significant ripple effects cannot.
Charts House Republicans' current approach to government funding—through small, targeted appropriations for a select group of government functions—is impractical and irresponsible.
Measured in workdays lost, the current shutdown is already the third longest in history and involves a far larger share of the government than either of the two shutdowns that were of longer duration.
If the Tea Party shuts the government down, it will not be because progressives were inflexible.
The federal government is on the brink of shutting down yet again, although most Americans don’t understand the fight taking place in Washington. Here’s what happened.
The Senate’s continuing resolution prevents a government shutdown, but it does not avert another round of deep spending cuts.
In one day, we learned that poverty is still elevated, inequality is near record highs, and middle-class incomes continue to stagnate, even as our long-term debt trajectory is dramatically improved. These data should finally put an end to calls for more damaging austerity.
Charts Our budget and economy have changed, but demands for austerity in the fiscal debate haven’t. These 15 charts show why they should.
Issue Brief Senate Democrats are accepting spending levels equivalent to previous House Republican budgets, yet House Republican leaders are insisting on new, deeper spending cuts in exchange for preventing a government shutdown.
Issue Brief Speaker Boehner’s proposed stopgap funding measure would have Congress embrace another round of spending cuts, while signaling a willingness to increase funding for defense only.