You Searched For "debt ceiling 2021" and got 20 results
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2 mins read
GOP congresswoman says she is tired of 'sacrificing' her children to reduce the national debt and threatens to quit if Congress doesn't establish a debt commission
Rep. Victoria Spartz said in February 2023 that she wouldn't run for reelection. Now, she's threate…
Madison Hall
1 min read
After conceding to a debt limit extension Mitch McConnell criticized Chuck Schumer's leadership in a scathing letter to President Biden
Senate Republicans blocked several attempts by Democrats to raise the country's debt ceiling limit …
Morgan Keith
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
2 mins read
2 Democrats say they want to mint a coin to solve the debt-ceiling showdown and save the US from catastrophic default
A $1 trillion platinum coin could end debt-ceiling fights and keep the government funded. It's an i…
Ayelet Sheffey
2 mins read
Trump's allies are trashing Mitch McConnell for reaching a deal with Democrats to avert a catastrophic debt-ceiling default
McConnell's solution to the crisis allows him to stay true to his promise that Republican senators …
Tom Porter
3 mins read
Mitch McConnell warns that Republicans won't back down from vow to force Democrats to raise debt ceiling alone: 'Do you guys think I'm bluffing?'
McConnell is determined to resist Democratic pressure to raise the debt ceiling alongside them. The…
Joseph Zeballos-Roig
2 mins read
Biden dismisses GOP threats to not cooperate with Democrats on lifting debt ceiling: 'Nope, they're not going to let us default'
Both parties are on the verge of a major clash, given Republicans are refusing to raise the debt li…
Joseph Zeballos-Roig
2 mins read
Nancy Pelosi says Democrats would be paying 'the Trump credit card' by raising the debt ceiling with the GOP
Treasury Secretary Janet Yellen told Pelosi that "extraordinary measures" to pay US bills would lik…
Ayelet Sheffey,Joseph Zeballo…
3 mins read
Democrats are gambling on a Christmas rush to pass Biden's economic agenda, keep the government from shutting down, and continue paying the country's bills to avoid economic catastrophe
"It will likely take some long nights and weekends," Chuck Schumer said, referring to major bills h…
Ayelet Sheffey
1 min read
Top Democrat compares GOP voting not to fund the government or raise the debt ceiling to running out of a restaurant without paying
Democrats say that in refusing to agree to a debt-ceiling increase, Republicans are refusing to pay…
Tom Porter
4 mins read
With Kevin McCarthy as Speaker, Congress faces a messy debt ceiling fight — and Biden might have to mint a trillion dollar platinum coin
Getting McCarthy elected as speaker was the easy part. Now Republicans will leverage a debt ceiling…
Ayelet Sheffey,Brent D. Griff…
2 mins read
US could default on its debt as soon as June, says US Treasury Department
The US Treasury Department said the country could default on its debt as soon as June.
1 min read
Treasury yields highest since 2007 after US debt hits a record $33 trillion
The Treasury Department cited tax cuts, coronavirus stimulus packages and lower tax revenues as con…
Joseph Wilkins
2 mins read
Treasury Secretary Janet Yellen said minting a trillion-dollar coin would be a 'gimmick' that 'jeopardizes the independence of the Federal Reserve'
"No one party is responsible for the need to do this. I believe it should be a shared responsibilit…
Connor Perrett
2 mins read
Nasdaq leads US stocks lower as yields surge and investors' fears grow over debt ceiling standoff
"It would be a self-inflicted wound of enormous proportions" if the debt ceiling isn't raised in ti…
Matthew Fox
2 mins read
Mitch McConnell blocks Democrats' attempt to raise the debt ceiling on their own, pushing the country closer to a default
The Senate GOP leader says Democrats must raise the debt limit on their own, but he's blocked their…
Azmi Haroun
2 mins read
Bitcoin could jump nearly 70% if the US defaults on its debt, Standard Chartered analyst says
"So actually, the optimal trade would probably be long bitcoin, short ethereum," Standard Chartered…
Filip De Mott
2 mins read
Treasury Secretary Janet Yellen trashes minting a $1 trillion coin as solution to debt-ceiling crisis as US inches toward default
It's a legal solution that's gained some momentum to prevent a US default, but Yellen called it a "…
Joseph Zeballos-Roig
2 mins read
US stocks could tumble 10% in October as investors panic about the Fed and the debt ceiling, long-term market bull Tom Lee says
Fundstrat's Tom Lee said US stocks are likely to climb sharply in September but warned October coul…
Harry Robertson
1 min read
A Wall Street trader made a $7.5 million windfall on a suspiciously-timed investment ahead of a surprise debt limit deal concession
Green-lighting a 300-mile pipeline was a shocking concession included in the debt ceiling deal, but…