You Searched For "debt limit" and got 20 results
Sort By:
4 mins read
Mitch McConnell reverses on the debt ceiling as Congress poised to get another 2 months to avoid a government default
Senate Republicans were in disarray earlier as they struggled to come up with enough support to cle…
Ben Winck,Joseph Zeballos-Roig
4 mins read
Republicans gear up to inflict maximum pain on Democrats as the debt default deadline inches closer
Reconciliation is seemingly the only way Democrats can raise the debt ceiling. The GOP is aiming to…
Ben Winck,Joseph Zeballos-Roig
1 min read
Even A Poll Asking People How The Debt Ceiling Works Doesn't Understand How The Debt Ceiling Works
The point the president and Democrats repeatedly make about raising the debt limit is that it allow…
Josh Barro
3 mins read
Congress has until December 15 to avoid the catastrophe of the US refusing to pay its bills, Janet Yellen says
The deadline gives Congress a few more days to raise the debt ceiling. Failure risks "a financial c…
Ben Winck
2 mins read
White House confirms Biden's opposition to changing Senate filibuster rules in order to raise debt ceiling
The president's resistance to altering the filibuster effectively torpedoes Democrats' last-ditch o…
Erin Snodgrass
3 mins read
The Disastrous Consequences Of Not Raising The Debt Limit
Republicans are insisting on major spending cuts in exchange for raising the debt limit while Presi…
Comstock Partners
3 mins read
The US is heading toward a catastrophic and avoidable — default. Here's what the debt ceiling is, and why it's so dangerous.
The US could default on its debt as early as June, and Republicans and Democrats still can't agree …
Ben Winck,Joseph Zeballos-Roig
3 mins read
Janet Yellen is worried about 'irreparable harm' to the economy if Congress doesn't raise the debt limit. Her warning is ringing hollow among Senate Republicans.
Democrats didn't include a debt limit hike in their $3.5 trillion budget, setting the stage for a c…
Grace Panetta
1 min read
Two Charts That Show Why Another Debt Ceiling Fight Is A Very Bad Idea
When the government risks creating a payment crisis, people start to wonder whether they're going t…
Josh Barro
2 mins read
The New Debt Ceiling Deadline Will Push Us Right Up Against Thanksgiving
"The President has made clear that he will not pay a ransom for Congress doing its job and paying o…
Brett LoGiurato
1 min read
Some Senate Democrats Are Considering The 'Nuclear Option' To Pass A Debt Ceiling Hike
Senate Democrats have previously discussed making this rule change, most recently in June during a …
Josh Barro
1 min read
House approves 2-month debt-limit extension, teeing up another showdown with McConnell's GOP in December
The bill heads to the White House, buying the US a little more time before it runs up against the e…
Joseph Zeballos-Roig
1 min read
Report: No Vote Expected On Debt Ceiling Today
President Obama met with Senate Republicans this morning, and Jonathan Strong of National Review re…
Josh Barro
3 mins read
Republicans are poised to play debt-ceiling chicken with Democrats again — and endanger the world financial system in the process
For the second time this fall, Congress is split over raising the debt ceiling. The stakes couldn't…
Ben Winck
2 mins read
Biden signs $2.5 trillion debt-ceiling increase — averting economic chaos after last-minute Congress deal
The hike most likely punts the debt-ceiling battle into 2023. The House passed the measure early We…
Ben Winck
2 mins read
Mitch McConnell accuses Democrats of 'sleepwalking' toward a debt default while he blocks every measure they've tried for raising the debt limit
The Senate Minority Leader called out Biden's past opposition on raising the debt limit under GOP l…
Ayelet Sheffey
3 mins read
Mitch McConnell is taking a big gamble on lifting the debt limit that could spark a GOP revolt over blowing a hole in the filibuster
McConnell might help Democrats lift the debt ceiling and he's counting on his party to back him up.…
Joseph Zeballos-Roig
2 mins read
Mitch McConnell shrugs off Trump's taunts and attempts to defuse the debt ceiling crisis
McConnell blocked Democrats' every attempt to raise the debt limit and avoid a default. He might be…
Ayelet Sheffey
3 mins read
Senate Democrats pass debt-ceiling hike of $2.5 trillion just in time to avoid catastrophe — and without any Republicans
The party-line vote passes an increase that would cover the government's bills into 2023. The House…
Ben Winck
1 min read
Obama Signs The Debt Ceiling Bill, Ending The Debt-Limit Fight Until At Least August
The Senate had passed the debt ceiling bill last week, and the House passed it the week before. The…