As lawmakers prepare for another hike in the U.S. debt ceiling, WSJ’s Greg Ip explains why it’s economically feasible for the U.S. to keep borrowing, as long as interest rates stay low.
Tag Archives: U.S. Debt
Economics: ‘How Biden Will Handle $1.6 Trillion Student Loan Debt’ (Video)
More than 43 million Americans owe a collective $1.6 trillion in federal student loans. WSJ’s Josh Mitchell explains how President-elect Joe Biden plans to help borrowers tackle that debt. Photo illustration: Carlos Waters
Economy: “The U.S. Is Racking Up Debt. Will It Be a Problem?” (WSJ Podcast)
The federal government is spending big to combat the economic damage of the coronavirus crisis, and federal debt has climbed to record levels.
WSJ’s Jon Hilsenrath explains the debate over the impact of all that debt.