This is the calamity Washington is trying to avoid with a debt ceiling deal
As debt ceiling drama in Washington continues to unfold, the US could reach a day when it can't meet its financial obligations. In the debt limit fight, a missed payment is different than a debt default.
2023-05-28 17:25
McCarthy's next challenge: sell debt ceiling deal in Congress
By Moira Warburton, Katharine Jackson and Gram Slattery WASHINGTON After tough negotiations to reach a tentative deal with
2023-05-28 14:22
Explainer-US debt ceiling deal's winding road to passage in Congress
By Richard Cowan WASHINGTON Democratic President Joe Biden and top congressional Republican Kevin McCarthy struck a deal on
2023-05-28 13:18
Analysis-Why a US debt deal may only provide short-term relief for markets
By Shankar Ramakrishnan, Davide Barbuscia, Saeed Azhar and Laura Matthews Good news of a tentative deal for the
2023-05-28 12:27
Biden and McCarthy race to sell their debt ceiling deal to lawmakers before the government runs out of money
The "agreement in principle" clinched by House Republicans and the White House late Saturday to raise the nation's borrowing limit was the culmination of mad-dash negotiations over the course of the past week that regularly stretched late into the night.
2023-05-28 12:22
Investors react to tentative US debt ceiling deal
NEW YORK U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to
2023-05-28 11:21
Factbox-What's in the debt ceiling deal Biden, McCarthy agreed?
By Steve Holland and Jarrett Renshaw WASHINGTON U.S. President Joe Biden and House Republican Speaker Kevin McCarthy on
2023-05-28 10:54
Reaction: Biden, McCarthy debt ceiling deal
WASHINGTON U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise
2023-05-28 10:25
US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 - source
A deal reached to raise the U.S. federal government's $31.4 trillion debt ceiling keeps non-defense spending roughly flat
2023-05-28 09:17
From your 401(k) to bonds, here's how to protect your financial well-being as debt default worries grow
Treasury Secretary Janet Yellen earlier this week reaffirmed Thursday June 1 as the deadline for the government to act. But with that X-date only one week away, there's still no deal to raise the debt ceiling -- putting Americans' finances in danger.
2023-05-28 03:50
Debt limit negotiators race the clock to finalize debt deal as risk of default grows
White House and House GOP negotiators are racing to finalize a deal to raise the nation's debt limit as early as Saturday with time running perilously short and the risk of a first-ever US default growing.
2023-05-27 20:51
Why it's so hard to pinpoint the X-date, when the US defaults
For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.
2023-05-27 20:23