The U.S. Has Hit The Debt Ceiling. How Long Does Congress Have To Fix It?
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Scripps News on MSN9d
Speaker Johnson floats negotiating with Democrats on US debt ceiling
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
The Washington Post on MSN12d
Democrats flip the script, eyeing debt limit to block Trump’s agenda
Republicans have leveraged the debt ceiling for years to block Democrats’ agenda. Now liberals see an opening to stymy Trump.
GOP leaders in debt limit quandary between Trump, fiscal hawks
Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling. President Trump is pressuring Republicans to not allow Democrats to ...
DOGE’s Treasury Access Could Let GOP Off The Debt Limit Hook
Some Republicans have long urged Treasury to choose which bills to pay when the debt ceiling gets close to being breached.
Johnson floats possibility of working with Democrats on debt ceiling
Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with ...
The Associated Press on MSN22d
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
She sent a letter in late December to lawmakers stating that Treasury expected to hit the statutory debt ceiling between January 14 and January 23. And now, the agency will stop paying into certain ...
Marketplace5d
Musk-led DOGE has access to the U.S. Treasury’s payment system. What will they do with it?
Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...
The US debt limit may be an unsung bull catalyst for stocks in the early months of 2025
The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...
Vox3d
America’s constitutional crisis could come to a head in four months
But the Trump administration’s power grab also threatens to exacerbate another impending crisis: the fight over raising America’s debt limit. In fact, the interaction between these two crises ...