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 ...
The debt ceiling is the limit placed by Congress on the amount of ... A default would occur if the U.S. failed to pay ...
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
A default on United States government debt owing to the debt ceiling isn’t likely, but should one happen, here’s what the damage could look like. The Congress fight over raising the ...
Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts.
Large swaths of the U.S. government could temporarily close at midnight on Friday if Congress does not approve a stopgap ...
“The August 2011 debt ceiling showdown was perhaps the closest brush the United States has had with the X-date,” Wells Fargo economist Michael Pugliese said in 2023. The issue raised its head ...
A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a ...
NEW YORK, UNITED STATES - JANUARY 19 ... and specifically apt in the light of the debt ceiling debate that is warming up in the USA. The debt ceiling stems from a provision in the ...