Federal Budget (US) – Page 21

Biden and McCarthy to Meet in Hopes of Reviving Debt Talks

With the United States at risk of defaulting for the first time, hopes for a breakthrough have dimmed in recent days.

By Katie Rogers and Catie Edmondson

Discussions meant to avoid a default have bogged down amid disagreements over spending caps, work requirements and new Republican proposals.

By Catie Edmondson and Jim Tankersley

The odds of a U.S. default are low, but the consequences could be dire. Our columnist explains how financial markets are assessing the risks.

By Jeff Sommer

The federal government is essentially living paycheck to paycheck, making the X-date hard to pin down.

By Alan Rappeport