Editorial: Deep in a Fiscal Hole, Congress Just Keeps Digging

Column | After GOP hypocrisy, Democrats see opening to abolish debt ceiling

As part of Trump’s tax-and-spend bill, Republicans extended the debt limit by $5 trillion, leaving some wondering if the policy of setting any limit is outdated.

Deep in a fiscal hole, Congress just keeps digging - Hawaii Tribune-Herald

In a remarkable achievement, the One Big Beautiful Bill Act got worse with each iteration before finally being enacted last week. On plausible assumptions, the final version will add more than $5 trillion to deficits over the next 10 years, moving the track of public debt from unsustainable to all but unhinged. As Congress turns to its budget for next year, it must grapple realistically with this looming crisis.

Editorial: Deep in a fiscal hole, Congress just keeps digging

In a remarkable achievement, the One Big Beautiful Bill Act got worse with each iteration before finally being enacted last week. On plausible assumptions, the final version will add more than $5 trillion to deficits over the next 10 years, moving...

Deep In a Fiscal Hole, Congress Just Keeps Digging

Tweaks can’t solve the country’s debt problem. At some point, Washington will have to start over.