National Debt (US) – Page 23

Everything You Need to Know About the Debt Ceiling

Congress controls how much money the United States can borrow. Here’s a look at why that is and what it means.

By Alan Rappeport

Biden, Joseph R Jr Federal Budget (US) Fourteenth Amendment (US Constitution) House of Representatives National Debt (US) Republican Party Treasury Department United States Economy United States Politics and Government

Is the Debt Limit Constitutional? Biden Aides Are Debating It.

As the government heads toward a possible default on its debt as soon as next month, officials are entertaining a legal theory that previous administrations ruled out.

By Jim Tankersley

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U.S. Could Run Out of Cash by June 1, Yellen Warns

Janet L. Yellen, the Treasury secretary, called on Congress to raise or suspend the debt limit so the United States could continue paying its bills.

By Alan Rappeport and Jim Tankersley

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

Trickling Tax Revenue Complicates Debt Limit Talks

The Treasury Department’s ability to delay a default, the so-called X-date, hinges on how fast the money is coming in.

By Alan Rappeport