United States Politics and Government – Page 413

Biden, Joseph R Jr Federal Budget (US) House of Representatives McCarthy, Kevin (1965- ) National Debt (US) Republican Party United States Politics and Government

McCarthy Renews Call for Spending Cuts as Debt Talks Resume at White House

With a potential default just over a week away, the House speaker is maintaining pressure for a rollback in spending in exchange for raising the borrowing limit.

By Carl Hulse and Catie Edmondson

Biden, Joseph R Jr Congressional Budget Office Federal Budget (US) McCarthy, Kevin (1965- ) Medicare National Debt (US) Social Security (US) United States Economy United States Politics and Government

Potential Debt Ceiling Deal Would Barely Change Federal Spending Path

Negotiators have focused on a relatively small corner of the budget, shunning new revenues or cuts to the fastest-growing programs

By Jim Tankersley

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

Yellen Warns of Missed Payments if Debt Limit Is Not Lifted

The Treasury secretary said the Biden administration would face “very tough choices” if Congress did not act.

By Alan Rappeport

Bipartisan Policy Center Federal Budget (US) National Debt (US) United States Politics and Government

U.S. Faces ‘Elevated Risk’ of Default in Early June, a New Report Warns

The Bipartisan Policy Center said the government will be operating on “dangerously low” cash reserves after Memorial Day in its estimate of the so-called X-date.

By Alan Rappeport