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With the clock counting down to the Tuesday debt-ceiling deadline, the drama on Capitol Hill has come down to climactic votes on the compromise deal. After days of negotiations between House ...

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 ...

As the national debt has risen to more than $34 trillion and counting, Washington remains deeply divided on what to do about ...

The battle to choose a new House Speaker underscores a looming threat to America’s financial stability — a struggle in 2023 over raising the “debt ceiling,” the total amount of money the ...

A deal on the debt ceiling is coming into focus in Washington, and you can practically hear market participants breathing a deep sigh of relief. Speaker Kevin McCarthy issued his most optimistic ...

Divisions were revealed, between and among party members, but both sides are counting the passage as a win The US House of Representatives passed the much-debated debt ceiling bill by an ...

In fact, if the debt ceiling isn’t raised this summer — potentially as early as June — the U.S. will default for the first time. With Republicans in control of the House and Democrat Joe ...

WASHINGTON — For decades, American business leaders have been reliable standbys in the government’s debt ceiling debates: caravaning to meet with President Donald Trump, holding stakeouts in the White ...

debt limit and the Treasury started using âextraordinary measuresâ to avoid default on January 19, 2023, in New York, United States. US Treasury Secretary Janet Yellen urged Congress to ...

The U.S. Senate passed a House-approved bill late Thursday to suspend the national debt limit and put a lid on government spending for two years, and President Joe Biden is expected to sign the ...

Republicans said they would tie spending cuts to raising the debt ceiling during last year’s midterms, which saw the GOP take the House with a small majority. House Republicans passed a bill in ...