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National Debt

What is national debt and how does it affect our economy?

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National Debt

The SNAP work reporting requirement age just rose by one year. It's already affecting who gets benefits.

by Ali Budner
Sep 11, 2023
The upper age limit for SNAP recipients (able bodied, without dependents) who have to prove they’re working or looking for work at least part time has just risen from age 49 to age 50. Eventually it'll go up to age 54.
"We estimate that up to 750,000 individuals could lose [SNAP] benefits," said Ed Bolen with the Center on Budget and Policy Priorities. Above, a sign alerting customers that a store accepts SNAP benefits.
Scott Heins/Getty Images
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National Debt

What lawmakers are fighting over when they fight about appropriations

by Kimberly Adams
Aug 9, 2023
The portion of federal spending being determined by what’s called the appropriations process is relatively small.
The amount of nondefense discretionary spending that Congress fights over every year is getting smaller.
Anna Moneymaker/Getty Images
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National Debt

Is the Fed actually going to pull off a "soft landing"?

by Matt Levin
Jun 14, 2023
If the Fed can tamp down inflation without sparking a recession, it would be only the second time in history in U.S. history.
Hold the applause for Federal Reserve Chair Jay Powell — there's more work to do before the economy can make a soft landing.
Mandel Ngan/AFP via Getty Images
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National Debt

What will new welfare work requirements mean for recipients?

by Sabri Ben-Achour , Krissy Clark and Ariana Rosas
Jun 12, 2023
New work requirements on welfare were part of the debt ceiling deal. How might they affect benefit recipients?
The new work requirements in the debt ceiling deal may negatively impact older people's access to food aid and other benefits, says "The Uncertain Hour" host Krissy Clark.
Spencer Platt/Getty Images
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National Debt

The founder of the world’s largest hedge fund on debt, government spending and education

by David Brancaccio , Alex Schroeder and Erika Soderstrom
Jun 5, 2023
Ray Dalio talks educational spending, taxes and more.
Bridgewater Associates Founder and Co-Chairman Ray Dalio speaks onstage during TechCrunch Disrupt San Francisco 2019.
Kimberly White/Getty Images for TechCrunch
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National Debt

What the debt ceiling deal means for your student loans

by Hannah Baggenstoss
Jun 2, 2023
A debt ceiling deal has been made, and student loan borrowers will have to start making payments again later this summer.
President Joe Biden’s student loan forgiveness plan is awaiting a decision by the Supreme Court.
Jemal Countess/Getty Images
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National Debt

We have a debt ceiling deal. So what happens next?

by Kimberly Adams
Jun 2, 2023
Now, agencies and Congress need to figure out how to implement the thing.
Congress will soon have to turn broad spending limits into actual appropriations bills for the next fiscal year.
Stefani Reynolds/AFP via Getty Images
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Finding Your Place

The economics of homelessness

by David Brancaccio , Erika Soderstrom and Hannah Baggenstoss
Jun 2, 2023
In this Marketplace special, we’re taking a look at how the debt ceiling drama further restricts us from addressing big issues like homelessness.
Spencer Platt/Getty Images
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Make Me Smart | Episode 936

A tale of two debt dramas on Capitol Hill

Jun 1, 2023
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National Debt

What will happen once the debt ceiling deal is passed?

by Sabri Ben-Achour
Jun 1, 2023
How will the Treasury act to make up for lost time?
After hitting the debt ceiling and taking extraordinary measures, "the Treasury Department has to replenish their checking account, basically," said George Mateyo Key Private Bank.
Mandel Ngan/AFP via Getty Images
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