In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...
WASHINGTON -- Seeking to strike a reassuring tone despite days of negotiations, President Joe Biden said Thursday afternoon that he's had several "productive conversations" with House Speaker Kevin ...
Whether or not to raise the debt ceiling is a hotly debated topic at the moment, even a point of disagreement within parties. The Atlantic Wire attempted to clear up the confusion surrounding the ...
Debt often carries a negative reputation, but the reality is more nuanced. Not all debt is created equal, and understanding ...
The Treasury Borrowing Advisory Committee recommends eliminating the Debt Ceiling, citing its lack of fiscal constraint and numerous negative impacts on the economy. The Debt Ceiling increases debt ...
WASHINGTON (Reuters) -The U.S. Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt service costs and market volatility and may hurt the dollar ...
Most economists agree that if the U.S. were to ever reach the debt ceiling, the consequences would be catastrophic. While the U.S. continually wrestles with this borrowing cap, most other nations take ...
The One Big Beautiful Bill Act raises the debt ceiling by $5 trillion, averting a 2025 debt crisis and enabling continued government funding. Treasury will prioritize short-term Treasury Bill issuance ...
WASHINGTON — The Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt service costs and market volatility and may hurt the dollar's reserve ...