A contentious partisan conflict over raising the debt ceiling is playing out. The U.S. is set to run out of money to pay its bills as early as June 1.
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Mon, 05/15/2023 - 3:04am
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- The US government debt ceiling: what did Eisenhower do back in 1953?
The question refers to the current dispute between President Barack Obama and conservative Republicans lawmakers over the debt ceiling and the August 2 deadline when the US could default in a ...
11/26/2024 - 7:10 am | View Link - U.S. Debt-Ceiling Deal: What Investors Should Know
The debt-ceiling debate cycle ... to investors' belief that a solution to the problem (would) be found before a default." Volatility is not exactly a new thing for the S&P 500.
06/7/2024 - 8:26 pm | View Link - US debt ceiling
Every so often, US Congress votes to raise or suspend the ceiling so it can borrow more ... that would also put the country into default. The US briefly entered default in 1979, which the Treasury ...
12/9/2023 - 7:17 pm | View Link - The Debt Ceiling: What It Is, Why It’s Important and How It Affects You
The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually ...
07/17/2023 - 2:22 am | View Link - The Debt Ceiling Might Need Market Sell-Off
recently telling CNN ‘the US should default….the Dems will probably cave’. The debt ceiling debate has gotten a little out of control before. Memorably for investors in 2011 as the deadline ...
05/12/2023 - 6:20 pm | View Link - More
- Biden and McCarthy Reach Debt Ceiling Deal to Avert U.S. Default
With the government on track to reach its borrowing limit within days, negotiators sealed an agreement to raise the debt ceiling for two years while cutting and capping certain federal programs.
11/25/2024 - 10:23 am | View Website - Here's what's in, what's out of the debt limit bill to avert US default ...
Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S. default.
11/25/2024 - 2:02 am | View Website - Biden and McCarthy reach a final deal to avoid US default and now must ...
The debt ceiling deal has come with just days to spare before a potential first-ever government default. On Sunday, President Joe Biden and House Speaker Kevin McCarthy reached a final agreement and they are urging Congress to quickly pass it.
11/24/2024 - 7:57 pm | View Website - Senate passes debt ceiling deal | CNN Politics
President Joe Biden is addressing the nation from the Oval Office after both chambers of Congress passed a budget agreement that will raise the debt ceiling and avoid default.
11/24/2024 - 3:18 pm | View Website - Debt ceiling deal reached in principle by Biden and McCarthy to avoid ...
President Biden and House Speaker Kevin McCarthy reached an agreement in principle to avoid a potentially disastrous government default and raise the nation's debt ceiling.
11/24/2024 - 1:16 pm | View Website - More
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