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The GOP’s top debt limit negotiator says it’s time to ‘press pause’ on talks despite the looming deadline that could end in catastrophe
Politics
The GOP’s top debt limit negotiator says it’s time to ‘press pause’ on talks despite the looming deadline that could end in catastrophe
By Kevin Freking, Lisa Mascaro, Zeke Miller and The Associated PressMay 19, 2023
US President Joe Biden speaks during an event
Finance
Most U.S. adults are concerned about the debt ceiling—but few understand it
By Darlene Superville, Fatima Hussein and The Associated PressMay 19, 2023
Mitch McConnell, Chuck Schumer, Kevin McCarthy
Politics
There could be a deal on the debt ceiling by the weekend, negotiators say
By Lisa Mascaro and The Associated PressMay 18, 2023
Folk singing legend Woody Guthrie witnessed national debt debates in the 1940s and compared politicians to ‘hens a cacklin’
Finance
Folk singing legend Woody Guthrie witnessed national debt debates in the 1940s and compared politicians to ‘hens a cacklin’
By Mark Allan Jackson and The ConversationMay 18, 2023
Meet the 4 negotiators doing the real work in the debt limit fight and whose dealmaking may usher in economic stability—or chaos
Politics
Meet the 4 negotiators doing the real work in the debt limit fight and whose dealmaking may usher in economic stability—or chaos
By Seung Min Kim, Kevin Freking and The Associated PressMay 17, 2023
Joe Biden, Kevin McCarthy
Politics
Millions of job cuts, no Social Security, immediate recession: Here’s how gnarly a national debt default would be
By Darlene Superville and The Associated PressMay 17, 2023
Joe Biden
Politics
Biden confident that ‘America will not default’ as he praises ‘good faith’ talks with McCarthy on debt ceiling deal
By Seung Min Kim, Lisa Mascaro and The Associated PressMay 17, 2023
Top economist Larry Summers says the debt ceiling gridlock is a ‘foolish exercise’ that could slash $6 trillion from the stock market
Finance
Top economist Larry Summers says the debt ceiling gridlock is a ‘foolish exercise’ that could slash $6 trillion from the stock market
By Tristan BoveMay 17, 2023
A group of over 140 CEOs and Wall Street titans including David Solomon just warned stocks will crash if politicians can’t raise the debt ceiling
Finance
A group of over 140 CEOs and Wall Street titans including David Solomon just warned stocks will crash if politicians can’t raise the debt ceiling
By Will DanielMay 17, 2023
Biden and House Speaker Kevin McCarthy name negotiators to broker debt ceiling deal, shifting talks into encouraging new phase
Politics
Biden and House Speaker Kevin McCarthy name negotiators to broker debt ceiling deal, shifting talks into encouraging new phase
By Lisa Mascaro, Seung Min Kim and The Associated PressMay 17, 2023
Top Obama economist says we should abolish the debt limit as the current political ‘brinkmanship’ hurts the economy
Finance
Top Obama economist says we should abolish the debt limit as the current political ‘brinkmanship’ hurts the economy
By Will DanielMay 16, 2023
Jamie Dimon
Finance
War rooms, bailouts and fire alarms: Here’s how power players on Wall Street and K Street are preparing for the U.S. to default on the national debt
By John W. Diamond and The ConversationMay 16, 2023
Wall Street firms say the debt ceiling showdown is already doing major damage and warn that politicians need to reach a deal—fast
Finance
Wall Street firms say the debt ceiling showdown is already doing major damage and warn that politicians need to reach a deal—fast
By Katherine Doherty and BloombergMay 16, 2023
Biden and House Speaker Kevin McCarthy have very different views on what happened at their debt ceiling meeting
Politics
Biden and House Speaker Kevin McCarthy have very different views on what happened at their debt ceiling meeting
By Lisa Mascaro, Fatima Hussein, Seung Min Kim and The Associated PressMay 16, 2023
A veteran market watcher who saw the Fed creating a disaster in 2008 says ‘distortions in the economy’ today are still the Fed’s fault
Finance
A veteran market watcher who saw the Fed creating a disaster in 2008 says ‘distortions in the economy’ today are still the Fed’s fault
By Will DanielMay 15, 2023
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