WASHINGTON — Pushing to strike a debt ceiling deal, the Republican negotiating team headed Wednesday to the White House for more discussions with the sides still far apart. Time is short: There are ...
WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...
The White House and Republicans in Congress are at an impasse over the debt limit. Failure to raise the limit would result in a federal debt default. Wall Street has warned that a default could result ...
President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...
Rep. Dan Newhouse (R-Wash.) doesn’t think scrapping the debt limit, as President Donald Trump suggested, is the wisest decision. He does, however, sympathize with the reason Trump and some others are ...
In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
Biden had insisted on approving the debt ceiling with no strings attached, saying the U.S. always pays its bills and defaulting on debt is non-negotiable. But he launched negotiations after House ...
Since the start of President Donald Trump‘s second term, the weight of the world, or at least of global markets, international trade, and geopolitical relations, has fallen on the shoulders of ...