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debt limit

Published
May 8, 2023

Biden, McCarthy head into showdown as debt limit crisis nears

The president will host the House speaker and other congressional leaders at the White House on Tuesday.
Published
May 7, 2023

The Conversation: Can Biden and McCarthy avert a calamitous debt default? 3 evidence-backed leadership strategies that might help
Published
May 4, 2023

Democrats pressure Republicans on debt limit, spending cuts

No one expects the House's bill, which would increase the nation's borrowing authority as well as cut spending, will reach President Biden's desk.
Published
May 3, 2023

Fed raises key rate but hints it may pause amid bank turmoil

The Federal Reserve raised its key interest rate by a quarter-point to the highest level in 16 years.
Published
May 1, 2023

Senate to hold hearings to highlight ‘reckless’ House Republican debt limit bill

The aim of the hearings on the House's debt ceiling bill would be "to expose the true impact of this reckless legislation on everyday Americans," the Senate majority leader said.

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Published
April 30, 2023

With debt bill adopted, far-right House Republicans ready for fiscal war

Republicans formally put a plan in motion approving a measure that would cut spending by billions of dollars, impose new work requirements on welfare recipients and repeal federal funds meant to combat climate change.
Published
April 27, 2023

Pressure builds on Biden after House passes debt limit plan

Biden’s refusal to negotiate may not be a tenable position for the White House as the deadline nears for action.
Published
April 19, 2023

Biden blasts Republicans’ ‘wacko notions’ in debt limit standoff

Wednesday’s split-screen presentations vividly displayed how the president and House Speaker Kevin McCarthy are talking to 2 very different Americas.
Published
February 22, 2023

New estimate finds U.S. could face default on debt by early June

A new estimate finds the U.S. could face an unprecedented default on its obligations as soon as early June if Congress does not act to lift the debt limit.
Published
February 21, 2023

Republicans take aim at food stamps in growing fight over federal debt

Some GOP lawmakers are eyeing work requirements and other changes to the SNAP program in a bid to reduce the deficit.