Stories tagged: "economic crisis"


Speaker of the House Kevin McCarthy, R-Calif., speaks during a news conference in Statuary Hall at the Capitol in Washington, Thursday, Jan. 12, 2023. (AP Photo/Jose Luis Magana)
MAGA Republicans Plan to Hold the Economy Hostage to Cut Social Security and Medicare

The debt ceiling is a numerical limit, set by Congress, on how much money the federal government can borrow to pay its bills. Increasing the debt ceiling is a routine congressional task, but Republicans want to hold it hostage to make cuts to Social Security and Medicare, even though failing to raise the limit would cause massive economic devastation.

In this file photo from August 2020, recipients line up in their vehicles in a church parking lot in Cameron, WI, for surplus food from grocery stores.
Opinion: Want to Truly Recover From COVID? We Need an Economic Justice Bill of Rights

Freshmen state Reps. Hong and Shelton say the coronavirus recession shows the need to establish basic safeguards for all.

AP Photo/John Locher
Debate Claims from Pence Gloss Over the Still-Struggling Wisconsin Economy

The rosy picture painted by the Vice President doesn’t reflect the reality of struggles for the many still unemployed and facing foreclosure.

AP Photo/Marcio Jose Sanchez, File
Thousands of Workers Are Going on Strike for Black Lives Today. Here Are Their Demands.

Tens of thousands of frontline workers across the country are going on strike Monday to protest systemic racism and police brutality and to demand that corporations and the government take action to address white supremacy, end economic exploitation of Black workers, and allow all workers to unionize.