debt ceiling

America could run out of cash to pay its bills as early as this summer

America could run out of cash to pay its bills as early as this summer

Micheal

WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when ...

IRS could collect $500 billion less in tax revenue as debt-ceiling cash crunch looms

IRS could collect $500 billion less in tax revenue as debt-ceiling cash crunch looms

Micheal

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Treasury Department to take ‘extraordinary measures’ after hitting $36 trillion debt limit as soon as mid-January

Treasury Department to take ‘extraordinary measures’ after hitting $36 trillion debt limit as soon as mid-January

Micheal

On Jan. 2, the debt will dip temporarily due to a scheduled redemption of nonmarketable securities held by a federal ...

House speaker vows to avoid government shutdown as Congress eyes new spending bill without Trump’s debt ceiling raise

Despite missing deadline, Congress avoids government shutdown by passing spending bill without Trump’s debt ceiling raise

Micheal

Republicans, keen to dodge a shutdown, decided to only introduce a one-vote spending package. Read More

House speaker vows to avoid government shutdown as Congress eyes new spending bill without Trump’s debt ceiling raise

House speaker vows to avoid government shutdown as Congress eyes new spending bill without Trump’s debt ceiling raise

Micheal

Republicans, keen to dodge a shutdown, decided to only introduce a one-vote spending package. Read More

Trump admits he would prefer to eliminate the debt ceiling under Biden so he can avoid taking the heat for more government borrowing

Trump admits he would prefer to eliminate the debt ceiling under Biden so he can avoid taking the heat for more government borrowing

Micheal

The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt during ...

What to know about the debt ceiling debate that is pushing Washington to the brink of a government shutdown

What to know about the debt ceiling debate that is pushing Washington to the brink of a government shutdown

Micheal

President-elect Trump has demanded that a provision raising or suspending the debt limit—something that his own party routinely resists—be included ...