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The Week in Business: The Debt Limit and Politics
Posted inFederal Budget (US) National Debt (US) Republican Party Stocks and Bonds United States Economy

The Week in Business: The Debt Limit and Politics

Microsoft and Alphabet, the parent company of Google, both said they would cut thousands of jobs. And initial estimates of economic growth in the U.S. in the fourth quarter come out Thursday.
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Posted by By Lora Kelley
The U.S. Hit Its Debt Limit. What Happens Next?
Posted inDemocratic Party Federal Budget (US) House of Representatives National Debt (US) Republican Party Treasury Department United States Economy United States Politics and Government

The U.S. Hit Its Debt Limit. What Happens Next?

The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.
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Posted by By Alan Rappeport and Emily Cochrane
Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game
Posted inDemocratic Party Federal Budget (US) House of Representatives National Debt (US) Republican Party United States Economy United States Politics and Government

Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game

As the Treasury Department begins taking steps to avoid hitting the debt limit, Republicans and Democrats are positioning themselves politically for a drawn-out fight.
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Posted by By Carl Hulse
America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
Posted inFederal Budget (US) House of Representatives National Debt (US) Republican Party Stimulus (Economic) Stocks and Bonds Tax Cuts and Jobs Act (2017) Treasury Department United States Economy United States Politics and Government

America Set to Hit Its Borrowing Limit Today, Raising Economic Fears

The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
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Posted by By Jim Tankersley and Alan Rappeport

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