Related to existing fiscal policy obligations, the X-date indicates precisely when the U.S. must have a higher debt ceiling.
Why Federal Spending Cuts Come After Raising the Debt Ceiling
We can look at the federal budget to see why the debt ceiling should be raised before debating federal spending tradeoffs.
An Easy Explanation of the Debt Ceiling
With another debt ceiling conflict emerging this week, we.should look back and ahead at how, what, and why the U.S. borrows.
Deciding Who Won’t Get a U.S. Check
During two dates in December, we can worry about federal spending and debt and who won’t get a check from the U.S. government.
A Congressional Debt Ceiling Game (Theory)
Looking at the game theory behind congressional debt ceiling negotiations, we see a classic example of the prisoner’s dilemma.
How the Debt Ceiling Connects 1953 and 2021
Problems with the debt ceiling connect President Eisenhower’s highway spending and President Biden’s transportation infrastructure proposals.
Six Facts We Need To Know About the U.S. Federal Debt
Through just six facts about the U.S. debt, we can get a pretty good picture of what it is, who funds it, and where it might go.
Worrying About the Treasury’s “X” Date
Concerned about the “X” date, Treasury Secretary Steven Mnuchin has written a letter to House Speaker Ryan about the debt ceiling.
Why the Congress Needs to Raise the Debt Ceiling Again
A week ago, Treasury Secretary Steven Mnuchin sent a letter to Speaker of the House Paul Ryan. The letter said we will have maxed out our borrowing at midnight tonight. Having reached its “statutory limit,” the outstanding debt of the U.S.…