United States Politics and Government – Page 414

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

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Biden and McCarthy Describe ‘Productive’ Debt Limit Talks, but No Deal Is Reached

With the United States at risk of defaulting for the first time, Speaker Kevin McCarthy and President Biden met again but remained far apart on a deal.

By Catie Edmondson and Katie Rogers

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

Yellen Warns the U.S. Could Default as Soon as June 1

The so-called X-date could still come as early as next week.

By Alan Rappeport

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TikTok Sues Montana Over State Ban

The Chinese-owned video app filed the lawsuit days after Montana’s governor signed the ban, which takes effect on Jan. 1, into law.

By David McCabe and Sapna Maheshwari