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Sorry -- in case it's unclear, we're talking about the federal debt limit here. (I'm sure that's not surprising, since most of you think I work on this 24/7...)

🧵🙌 Really amped to be mentioned in the @NYTimes (alongside the single most thoughtful voice on personal finance, Ramit Sethi, no less!) Quick dive into a pressing issue: how public policy affects access to emergency savings accounts and our ability to build financial buffers. 💰👇

The Ways & Means Committee reported out a mammoth bill as part of the reconciliation process this AM, estimated at a cost of $3.8T (or $5.3T if all provisions are made permanent). What's in it? Fred Hernandez, Aaron Till & Rachel Snyderman have answers bipartisanpolicy.org/explainer/2025…

This breaking news combined with leadership expressing doubt that debt limit could move under a separate partisan reconciliation vote means that the clear paths to addressing it in a timely manner are shrinking. The clock is ticking. Latest timeline here bipartisanpolicy.org/debt-limit/

Wow, this is alarming and ought to give further pause on any legislation that worsens deficits. Also speaks to urgency of action on -- and more importantly, de-risking of -- the debt limit. If we don't address these challenges soon on our own, the markets will force our hand

No matter how many times it is repeated, we are *not* going to grow our way out of our debt problem. The era when that was a possibility has long since passed. It's time to acknowledge reality and ask our elected leaders to make the tough decisions before markets force our hand

America is teetering on the brink of some really ugly economic consequences for our lack of fiscal rectitude. Could we teeter for several more years? Definitely possible. But it's an awfully precarious position for the country to be in wsj.com/finance/stocks…

The recent Moody's downgrade of U.S. debt and what we saw this week in the bond markets should concern every American. We're headed for trouble and the warnings are loud and clear. Bipartisan Policy Center's latest: bipartisanpolicy.org/blog/moodys-do…

Treasury booked $16.5B in tariff revenue yesterday (or probably slightly less given how deposits are reported)--a transfer reflecting most collections from the past month. It's likely the largest tariff inflow in U.S. history. Bipartisan Policy Center tracker bipartisanpolicy.org/explainer/tari…

🚨 NEW: U.S. CBO estimates that the House's version of the One Big Beautiful Bill Act will add $2.4 trillion to deficits over the next decade. Our experts have a menu of options that could help lower the cost of the bill – read more here: bit.ly/3Hr7Xwu