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It’s as true now as it was in times prior that the U.S. defaulting on its debt would throw the country’s creditworthiness out ...
US raises debt ceiling past $36.2 trillion—boosting market confidence short term, but fueling long-term crypto gains as inflation hedges.
The reconciliation instructions in the Senate-adopted concurrent budget resolution for Fiscal Year (FY) 2025 would allow for a $4 to $5 trillion debt limit increase. Historically, debt ceiling ...
Over the four years of President Biden’s term – from January 2021 through January 2025 – we estimate that he approved $4.7 ...
The White House is eyeing this summer's debt ceiling's "X-date" as a forcing mechanism to push the "one big, beautiful bill" ...
President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...
The Bipartisan Policy Center estimated that members of Congress will have to vote to increase the debt ceiling before the limit is breached for the federal government to be able to keep paying its ...
House Democrats are sending an early warning shot as the government’s borrowing window inches to a close: winning Democratic support for a debt-ceiling hike will come at a cost for Republicans.
Republicans are grappling with the possibility they will soon have to work with the Democrats as a deadline to raise the debt ceiling threatens to fray party unity. Washington has until the late ...
But that chapter is in the past. Looking down the road, the next big conflict on the horizon involves the debt ceiling. This week, the Congressional Budget Office will release its latest report on ...
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