President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached an “agreement in principle” Saturday after months of negotiations among policymakers to raise the debt ceiling and ...
Failure to reach a deal on the debt-ceiling crisis would send the U.S. into risky territory and could potentially foul up Social Security payments to its roughly 70 million recipients. U.S ...
The two parties finally reached a deal after weeks of trying Congress has approved a deal to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt ...
A deal reached by House Speaker Kevin McCarthy (R-CA) and President Joe Biden ahead of the debt ceiling deadline in May is ...
US President Joe Biden and Republican leader Kevin McCarthy have called their latest talks on the debt ceiling productive but no deal has yet been reached. Any agreement will have to pass through ...
On Capitol Hill Tuesday, House Democrats are meeting after sending a letter to Speaker Kevin McCarthy outlining their response to the short-term spending proposal brought forward by some ...
Shares inched higher in London on Thursday, and the pound made gains against the dollar, after US lawmakers in the House of representatives passed a new bill on the country’s debt ceiling.
How the debt ceiling deal came together after ... Responsibility Act," which will suspend the country's debt limit and prevent a ... Nancy Cordes discussed how the two sides reached a ...
A deal on the debt ceiling is coming into focus in Washington, and you can practically hear market participants breathing a deep sigh of relief. Speaker Kevin McCarthy issued his most optimistic ...
WASHINGTON ― The many, many promises Kevin McCarthy made to his Republican colleagues caught up with him this week. By overly ...
The prospect that the U.S. might default is holding back stocks, and a deal that avoids big spending cuts could free the markets from their months-long slumber. U.S. stocks remain stuck in one of ...
In 1917, the debt ceiling was created, giving the government a limit on how much debt it was allowed to accumulate. Congress ...
