WASHINGTON, D.C.— It’s a deal no one in Washington claims to really like. But after weeks of negotiations, President Joe Biden and House Speaker Kevin McCarthy have struck an agreement to raise the debt ceiling […]
WASHINGTON, D.C. — Negotiators from the White House labored Thursday over the U.S. debt limit with House Speaker Kevin McCarthy’s emissaries at the Capitol, grinding through head-to-head talks trying to strike a budget deal to […]
WASHINGTON, D.C. — Debt-limit talks shifted into an encouraging new phase Tuesday as President Joe Biden and House Speaker Kevin McCarthy named top emissaries to negotiate a deal to avert an unprecedented national default. Biden […]
WASHINGTON, D.C. — House Speaker Kevin McCarthy said Monday there’s been “no progress” on debt ceiling talks ahead of a meeting with President Joe Biden on Tuesday at the White House, as the country pushes […]
WASHINGTON, D.C. — Fights over increasing the nation’s borrowing authority have been contentious in Congress, yet follow a familiar pattern: Time and again, lawmakers found a way to step back from the brink before markets […]
WASHINGTON, D.C. — President Joe Biden and Treasury Secretary Janet Yellen warned Tuesday of a potential economic crisis if a deal isn’t reached to increase the federal debt ceiling. They raised the alarm during speeches […]
WASHINGTON, D.C. — The debate around raising the debt ceiling sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president in the White House, refused to raise the debt limit without cuts […]
WASHINGTON, D.C. — The Senate moved ahead with legislation that would create a one-time, fast-track process for raising the debt limit, overcoming a Republican filibuster and likely averting another last-minute rush to avoid a devastating […]
Sometimes, when you go into a store with expensive merchandise on the shelves, you will see a sign that reads, “You break it, you buy it.” That’s a good slogan for the Republicans as they […]
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