If nothing is done, the [Social Security] system will become insolvent in 2032, causing drastic cuts to retirement benefits.
T]he conflict is entering a new phase in which Washington and Tehran are equally certain to inflict more harm on each other.
By autumn 2024, the overall debt of the federal U.S. government to its creditors exceeded $35.7 trillion. That’s $106,000 per every American.
Republicans do not have much to gain from this power struggle other than small territorial gains.
The debt ceiling farce is just a microcosm of the polarization of American political life and the deterioration of the political ecology.
Observers who support the administration's position are calling on Biden not to succumb to conservative blackmail.