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Janet Yellen says we could hit the debt ceiling as soon as June 1 and warns Congress to act ‘as soon a possible’
Finance
Janet Yellen says we could hit the debt ceiling as soon as June 1 and warns Congress to act ‘as soon a possible’
By Fatima Hussein and The Associated PressMay 1, 2023
If U.S. defaults on debt Bitcoin could rise nearly 70%, says Standard Chartered analyst
Tech
If U.S. defaults on debt Bitcoin could rise nearly 70%, says Standard Chartered analyst
By Steve MollmanApril 29, 2023
House Republicans narrowly pass debt ceiling bill Democrats call a ‘ransom note’, in bid to force Biden to cut spending to avoid default
Politics
House Republicans narrowly pass debt ceiling bill Democrats call a ‘ransom note’, in bid to force Biden to cut spending to avoid default
By Lisa Mascaro, Kevin Freking and The Associated PressApril 27, 2023
George Santos
Politics
Kevin McCarthy is struggling to get House Republicans behind his debt ceiling bill
By Billy House, Erik Wasson and BloombergApril 21, 2023
Kevin McCarthy
Finance
McCarthy claims Republicans will ‘take action’ on ‘ticking time bomb’ of national debt —as GOP leverages debt ceiling for spending cuts
By Lisa Mascaro and The Associated PressApril 17, 2023
Kevin McCarthy
Finance
Kevin McCarthy seeks to reassure Wall Street about U.S. debt default but won’t pass a ‘no string-attached debt limit increase’
By Billy House and BloombergApril 17, 2023
Freedom Caucus
Politics
Republicans largely shrug off warnings on debt ceiling as they smell blood, saying Biden’s ‘poll numbers are in the tank and they’re going to keep going down’
By Kevin Freking and The Associated PressApril 1, 2023
House Speaker McCarthy demands that Biden negotiate on debt ceiling—but refuses to present his own budget proposals
Politics
House Speaker McCarthy demands that Biden negotiate on debt ceiling—but refuses to present his own budget proposals
By Kevin Freking and The Associated PressMarch 28, 2023
Janet Yellen
Finance
Yellen warns of ‘economic and financial collapse’ if America defaults on its debt
By Viktoria Dendrinou, Christopher Condon and BloombergMarch 10, 2023
Jerome Powell
Finance
As the government hurtled toward default in 2011, a ‘credible Republican voice’ was pivotal in lifting the debt ceiling: Jerome Powell
By Josh Wingrove and BloombergFebruary 28, 2023
President Biden warns there will be ‘catastrophic’ consequences if America defaults on its debt—And it’s bad if it even comes close
Politics
President Biden warns there will be ‘catastrophic’ consequences if America defaults on its debt—And it’s bad if it even comes close
By Fatima Hussein, Chris Megerian and The Associated PressFebruary 14, 2023
Janet Yellen
Politics
The U.S. Treasury just said it plans to borrow another $932 billion in the first quarter of 2023
By Fatima Hussein and The Associated PressJanuary 31, 2023
Kevin McCarthy
Finance
How bad is the debt ceiling stand-off in Congress? Like potential collapse of the dollar as global ‘unit of account’ bad, economist says.
By Michael Humphries and The ConversationJanuary 30, 2023
House Appropriations Committee chairwoman Rosa DeLauro, D-Conn., right, speaks and ranking member Kay Granger, R-Texas
Finance
5 of Washington’s most powerful women will be leading the charge to stop the government from hitting the debt ceiling
By Mary Clare Jalonick, Seung Min Kim and The Associated PressJanuary 27, 2023
An image of Ray Dalio.
Finance
Billionaire investor Ray Dalio says the U.S. debt limit is a ‘farce’ it ‘works like a bunch of alcoholics who write laws to enforce drinking limits’
By Prarthana PrakashJanuary 26, 2023
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