National Debt (US) – Page 15

Biden, Joseph R Jr Federal Budget (US) McCarthy, Kevin (1965- ) National Debt (US) Treasury Department United States Politics and Government

Debt Ceiling: Yellen Reiterates That U.S. Could Run Out of Cash by June 1

The latest warning to Congress came before another meeting on Tuesday between President Biden and Speaker Kevin McCarthy to resolve the debt ceiling crisis.

By Alan Rappeport

Congressional Budget Office Federal Budget (US) National Debt (US) Treasury Department United States Economy United States Politics and Government

U.S. Faces ‘Significant Risk’ of Running Out of Cash in June, C.B.O. Warns

A default would cause financial distress, economic disruptions and rapid increases in borrowing rates, the nonpartisan Congressional Budget Office said.

By Alan Rappeport

Biden, Joseph R Jr Content Type: Service Credit Ratings and Credit Rating Agencies Federal Budget (US) Government Bonds Gross, William H National Debt (US) Treasury Department United States United States Economy United States Politics and Government

The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds

Short-term costs for insuring U.S. bonds are skyrocketing, and the long-term effects of repeated flirtations with debt default are already a burden, our columnist says.

By Jeff Sommer

Biden, Joseph R Jr Federal Budget (US) National Debt (US) Republican Party United States Politics and Government

Debt Limit Meeting Between Biden and Republicans Delayed as Both Sides Seek Deal

The decision to delay Friday’s expected meeting to next week was cast as a positive development, one that could allow officials to find agreement before the United States defaults on its debt.

By Jim Tankersley

mosaec