National debt
Treasury Secretary Janet Yellen speaks during a Senate Appropriations Subcommittee hearing to examine the FY 2022 budget request for the Treasury Department, Wednesday, June 23, 2021, on Capitol Hill in Washington. (Greg Nash/Pool via AP)
Yellen: Failure to raise debt limit would be 'catastrophic'

By Martin Crutsinger Jun. 23, 2021 04:28 PM EDT

FILE- This June 6, 2019, file photo shows the U.S. Treasury Department building at dusk in Washington. The Treasury Department says it will employ extraordinary measures to avoid an unprecedented default on the national debt this summer, but officials say those measures could be exhausted “much more quickly” than normal given the unusual circumstances of the global pandemic. (AP Photo/Patrick Semansky, File)
Treasury warns of need to deal with national debt limit

By Martin Crutsinger May. 05, 2021 09:05 AM EDT

FILE - In this Aug. 22, 1996, file photo President Clinton talks in the Rose Garden of the White House prior to signing legislation overhauling America's welfare system. (AP Photo/J.Scott Applewhite, File)
Path from Clinton to Biden takes U-turn on debt, trade, more

By Josh Boak Mar. 28, 2021 07:46 AM EDT

Editorial Roundup: Louisiana

By The Associated Press Mar. 24, 2021 03:40 PM EDT
Recent editorials from Louisiana newspapers: ___ March 24 The Advocate on the national debt and the...

Editorial Roundup: Alabama

By The Associated Press Mar. 24, 2021 07:27 AM EDT
Recent editorials from Alabama newspapers: ___ March 21 The Decatur Daily on U.S. Sen Richard...

Editorial Roundup: New York

By The Associated Press Jan. 20, 2021 05:45 PM EST
Recent editorials of statewide and national interest from New York’s newspapers: Biden’s Stimulus Plan Will Bring Relief, but There’s One...

President-elect Joe Biden and his wife Jill Biden arrive for a COVID-19 memorial event at the Lincoln Memorial Reflecting Pool, Tuesday, Jan. 19, 2021, in Washington. (AP Photo/Evan Vucci)
Biden charts new US direction, promises many Trump reversals

By Bill Barrow Jan. 20, 2021 12:16 AM EST

The Parthenon temple is illuminated atop of the Acropolis hill as a ferry approaches the port of Piraeus as another one departs in Athens, Monday, Oct. 26, 2020. (AP Photo/Thanassis Stavrakis)
Barely out of crisis, Greek economy hammered by new lockdown

By Derek Gatopoulos Nov. 20, 2020 11:20 AM EST

FILE — In this Feb. 6, 2020 file photo, a man tries on a face mask at a pharmacy in Kitwe, Zambia. Zambia faces a Friday, Nov. 13 deadline to clear debt owed to external investors who have rejected the country's request for deferral of an overdue $42.5 million interest payment amid the coronavirus pandemic. (AP Photo/Emmanuel Mwiche, file)
Zambia says it will default on debt owed private investors

By Noel Sichalwe And Rodney Muhumuza Nov. 13, 2020 08:30 AM EST

Policy positions of President Donald Trump and Democratic nominee Joe Biden on foreign policy issues. (AP Graphic)
Biden looks to restore, expand Obama administration policies

By The Associated Press Nov. 07, 2020 02:08 PM EST

Democratic presidential candidate former Vice President Joe Biden arrives to speak at a rally at Belle Isle Casino in Detroit, Mich., Saturday, Oct. 31, 2020, which former President Barack Obama also attended. (AP Photo/Andrew Harnik)
Biden looks to restore, expand Obama administration policies

By The Associated Press Nov. 02, 2020 12:06 AM EST

Democratic presidential candidate former Vice President Joe Biden arrives to speak at a rally at Belle Isle Casino in Detroit, Mich., Saturday, Oct. 31, 2020, which former President Barack Obama also attended. (AP Photo/Andrew Harnik)
Biden looks to restore, expand Obama administration policies

By The Associated Press Nov. 01, 2020 09:29 AM EST

Policy positions of President Donald Trump and Democratic nominee Joe Biden on foreign policy issues. (AP Graphic)
Biden looks to restore, expand Obama administration policies

By The Associated Press Oct. 31, 2020 06:58 AM EDT

FILE - In this April 29, 2020 file photo, a sign displaying the size of the national debt is displayed along an empty K Street in Washington. The Congressional Budget Office has warned that the government this year will run the largest budget deficit, as a share of the economy, since 1945, the year World War II ended. Next year, the federal debt — made up of the year-after-year gush of annual deficits — is forecast to exceed the size of the entire American economy for the first time since 1946. (AP Photo/Andrew Harnik, File)
AP Explains: US debt will soon exceed size of entire economy

By Paul Wiseman Sep. 05, 2020 11:05 AM EDT

FILE - In this Aug. 3, 2020, file photo dark clouds and heavy rain sweep over the U.S. Capitol in Washington. The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger, the Congressional Budget Office said Wednesday, Sept. 2. (AP Photo/J. Scott Applewhite, File)
Budget deficit to hit record $3.3T due to virus, recession

By Andrew Taylor Sep. 02, 2020 02:30 PM EDT

FILE - In this July 20, 2020 file photo, people exercise during a government-ordered lockdown to curb the spread of the new coronavirus in Buenos Aires, Argentina, after the city government authorized people to exercise outdoors as part of a roadmap for rolling back on Covid-19 curbing quarantine restrictions. Argentina’s government said Tuesday, Aug. 4, 2020, it has reached an agreement with its main creditors to restructure billions of dollars in foreign debt, offering some relief for a country hobbled by recession even before the pandemic hit. (AP Photo/Natacha Pisarenko, File)
Argentina reports debt restructuring deal with creditors

By Almudena Calatrava And Christopher Torchia Aug. 04, 2020 02:50 PM EDT

In this May 19, 2020, photo, Senate Majority Leader Mitch McConnell of Ky., speaks with reporters after meeting with Senate Republicans at their weekly luncheon on Capitol Hill in Washington. Congress is at a crossroads in the Covid-19 crisis. Lawmakers are wrestling over whether to “go big” as House Speaker Nancy Pelosi wants for the next relief bill or hit “pause” as McConnell insists. (AP Photo/Patrick Semansky)
McConnell discusses prospects for another round of relief

By Bruce Schreiner May. 26, 2020 03:23 PM EDT

This Sept. 18, 2019 photo shows the U.S. Treasury Department building viewed from the Washington Monument in Washington. The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of various rescue efforts dealing with the coronavirus pandemic. Treasury said Monday, May 4, 2020 that the $2.99 trillion it plans to borrow this quarter will far surpass the $530 billion quarterly borrowing it did in the July-September 2008 quarter as it dealt with the 2008 financial crisis. The extraordinary sum of $2.99 trillion of borrowing in a single quarter dwarfs the $1.28 trillion the government borrowed in the bond market for all of 2019. (AP Photo/Patrick Semansky)
As US piles up debt to aid economy, even usual critics cheer

By Paul Wiseman And Martin Crutsinger May. 05, 2020 02:04 PM EDT

Anti-government protesters set a Lebanese internal security forces vehicle on fire in the northern city of Tripoli, Lebanon, Tuesday, April 28, 2020. Hundreds took part in the funeral of a young man killed in riots overnight in Tripoli that were triggered by the crash of Lebanon's national currency that sent food prices soaring. (AP Photo/Bilal Hussein)
Lebanese PM says Cabinet will seek IMF financial assistance

By Zeina Karam And Sarah El Deeb Apr. 30, 2020 01:37 PM EDT

FILE - In this Saturday, April 27, 2019 file photo, people walk by a display board showcasing China's sweeping infrastructure-building projects at the media center of the Belt and Road Forum in Beijing. African leaders in 2020 are asking what China can do for them as the coronavirus pandemic threatens to destroy economies across a continent where Beijing is both the top trading partner and top lender. (AP Photo/Andy Wong, File)
China silent amid global calls to give Africa debt relief

By Rodney Muhumuza Apr. 29, 2020 01:18 AM EDT