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The government is acting like a spendthrift family, piling up credit card bills even though times are good. Elise Amendola/AP hide caption

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Elise Amendola/AP

Despite Strong Economy, Federal Deficit Soars

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President Donald Trump and Italian Prime Minister Giuseppe Conte participate in a joint news conference at the East Room of the White House Monday. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images

Trump Says 'No Problem' With Government Shutdown Over Border Wall Funding

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Demonstrators protest at Sen. Dean Heller's, R-Nev., office in support of the Deferred Action for Childhood Arrivals (DACA), and Temporary Protected Status (TPS), programs on Capitol Hill on Tuesday. Jose Luis Magana/AP hide caption

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Jose Luis Magana/AP

Senate Minority Leader Mitch McConnell, R-Ky., prepares to announce a debt ceiling deal in July 2011. That deal laid the foundation for the across-the-board spending cuts set to take effect on New Year's Day, 2013. Harry Hamburg/AP hide caption

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Harry Hamburg/AP

Before The Showdown: The Long Road To The Fiscal Cliff

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