President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached an “agreement in principle” Saturday after months of negotiations among policymakers to raise the debt ceiling and ...
Failure to reach a deal on the debt-ceiling crisis would send the U.S. into risky territory and could potentially foul up Social Security payments to its roughly 70 million recipients. U.S ...
US President Joe Biden and Republican leader Kevin McCarthy have called their latest talks on the debt ceiling productive but no deal has yet been reached. Any agreement will have to pass through ...
A deal reached by House Speaker Kevin McCarthy (R-CA) and President Joe Biden ahead of the debt ceiling deadline in May is ...
How the debt ceiling deal came together after weeks of bumpy talks President Biden addressed the nation Friday night to mark the passage of the "Fiscal Responsibility Act," which will suspend the ...
Shares inched higher in London on Thursday, and the pound made gains against the dollar, after US lawmakers in the House of representatives passed a new bill on the country’s debt ceiling.
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In 1917, the debt ceiling was created, giving the government a limit on how much debt it was allowed to accumulate. Congress ...
The prospect that the U.S. might default is holding back stocks, and a deal that avoids big spending cuts could free the markets from their months-long slumber. U.S. stocks remain stuck in one of ...
Republican Representatives Scott Perry and Chip Roy discuss the debt limit deal during a news conference on Capitol Hill in Washington, May 30, 2023. [AP Photo] Lawmakers in the U.S. House of ...
US President Joe Biden and Republican leader Kevin McCarthy have called their latest talks on the debt ceiling productive but no deal has yet been reached. Any agreement will have to pass through ...