The House's debt ceiling bill has critics on both sides. Bharat Ramamurti, the deputy director of the National Economic Council, says the administrati
NPR - 14 hours ago
The House is on the verge of the first major vote to approve legislation to lift the debt limit. a catastrophic financial default could become a reali
A nationwide lifeguard shortage has pools cutting back hours or closing. At one metro Denver recreation center, senior citizens are stepping up by tra
The debt-ceiling deal that Congress is considering adds work requirements for some people on food stamps. Researchers say the bigger issue is that the
Hundreds of thousands of people under age 35 are estimated to have fled Russia since the invasion. It's one of a handful of major challenges Russia's
Congressional forecasters say the debt ceiling deal struck by President Biden and House Speaker Kevin McCarthy over the weekend would reduce deficits
Gov. Ron DeSantis says the penalties for companies that violate new employment requirements will help the state prosper. But businesses and immigrant
NPR - 3 days ago
The White House and House Republicans have a deal on the debt ceiling. What remains to be done — and what are the roadblocks — ahead of a vote thi
NPR - 3 days ago
After Fitch warned the U.S. its AAA rating could be in jeopardy, there is fear of a repeat of what happened in 2011, when Standard & Poors downgraded
NPR - 4 days ago
A deal between White House and House Republican negotiators to raise the nation's borrowing limit still must pass Congress.
If the federal government defaults on its debt, one surprising place investors would likely seek shelter is in the safety of U.S. Treasury debt.
Details of the deal President Biden and House Speaker Kevin McCarthy have struck to avoid national default are still emerging as the text of the bill
The White House and House Republican negotiators have agreed in principle to raise the U.S. debt limit and avoid default. The agreement must still pas
Treasury Secretary Janet Yellen says unless lawmakers raise the debt ceiling by June 5, the government won't have enough money to pay all of its bills
NPR - 6 days ago
House Republicans and the White House are racing to clinch a debt deal, with just days before the U.S. could run out of money to pay its bills.
NPR - 7 days ago
Biden is leaning on Young's experience negotiating on Capital Hill to help him find a way to cut through the raw politics of Washington and find an ag
Did spending by President Biden and the Democrats rack up the country's debt? Is a default the same as a government shutdown? Here are answers to thin
If you're confused about the debt ceiling battle being waged in Washington right now, you're not alone. There are a lot of misconceptions about what's
Joe Biden and Republicans in Congress cannot agree on a path forward to avoid debt default even though Americans want to raise the debt ceiling withou
As the U.S. faces the prospect of defaulting on its debts, a key question looms: How bad would things actually get if that were to happen?