How Wall Street Is Preparing for a Debt Ceiling Showdown
Stocks aren’t showing signs of panic about the government’s ability to pay its bills, but there is anxiety creeping into other markets.
Posted inCurrency Federal Budget (US) Fourteenth Amendment (US Constitution) Government Bonds Interest Rates National Debt (US) Treasury Department United States Politics and Government
The Coin, the Constitution, Premium Bonds: The Debt Limit Workarounds
As Congress hurtles toward a debt limit showdown, ways to work around it are garnering attention.
Posted inBiden, Joseph R Jr Bipartisan Policy Center Federal Budget (US) National Debt (US) Treasury Department United States Economy United States Politics and Government
‘There Are No Good Options’: The U.S. Is Running Out of Money
Treasury is running out of cash, leaving little time to resolve a debt ceiling standoff that could result in default.
Posted inBiden, Joseph R Jr Democratic Party Federal Budget (US) Jeffries, Hakeem McCarthy, Kevin (1965- ) McConnell, Mitch National Debt (US) Republican Party Schumer, Charles E United States Economy United States Politics and Government
Biden and McCarthy to Discuss Debt Limit as a Possible Default Looms
The president will host the House speaker and other congressional leaders at the White House on Tuesday to discuss their impasse over the debt ceiling and spending cuts.