Investors fearing a stock market plunge if the U.S. tumbles off the "fiscal cliff" next week may want to relax.
Forget Fiscal Cliff: Debt Ceiling Is Much Scarier
NBCNews.com: Top NBCNews headlines, NBC News
Sat, 12/29/2012 - 1:05pm
Topics: congress debt ceiling fiscal cliff
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BING NEWS:
- Stephen Moore: The debt ceiling is a federal budget fire alarm — and Trump should embrace it
You may have missed it amid your New Year’s Eve revelry, but the United States Congress is now, as of the stroke of midnight on Jan. 1, officially in violation of the federal debt limit. That’s ...
01/3/2025 - 10:02 am | View Link - The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until the summertime.
01/3/2025 - 5:51 am | View Link - New year, new Congress, old problem: the debt ceiling
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether.
01/2/2025 - 11:14 am | View Link - The debt ceiling is back, but no need to worry – yet
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.
01/2/2025 - 9:02 am | View Link - Once again, the debt ceiling is roiling Washington. Here are 4 things to know
Lawmakers will have to authorize additional borrowing to pay the government's bills, but there's no reason it has to be done right away — except for politics.
12/20/2024 - 5:33 am | View Link - More
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