Debt ceiling deal would require student loan payments to resume in August
If passed into law, the bipartisan debt ceiling deal will dash any hope borrowers might have that the federal student loan payment pause would be extended for a ninth time.
2023-05-31 23:19
Why the debt ceiling deal contains a controversial gas pipeline
Manchin helped secure a provision to approve all remaining permits for the Mountain Valley Pipeline and shield the project from further litigation.
2023-05-31 21:27
What is permitting reform? The critical energy provision buried in debt-ceiling negotiations
Energy permitting reform, which aims to cut down the time it takes for new projects to get approved, could be one of the few bipartisan measures to emerge from a debt limit deal.
2023-05-30 21:48
Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here's what happened next.
The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.
2023-05-30 21:23
U.S. markets jump on high hopes of debt ceiling lift off
By Nell Mackenzie and Harry Robertson LONDON Wall Street was tipped for a strong open on Tuesday, while
2023-05-30 19:18
Lawmakers race to secure US debt deal votes as deadline looms
A deal to raise the debt ceiling must now pass in the narrowly-divided House of Representatives.
2023-05-30 02:54
Corporate America celebrates debt ceiling deal and urges Congress to quickly pass legislation
Leading business groups are praising President Joe Biden and House Speaker Kevin McCarthy for forging a bipartisan agreement to raise the debt ceiling, and they are calling for Congress to pass the legislation before the government suffers a devastating default.
2023-05-29 22:45
Top House progressive says Democratic leaders should be concerned about debt deal support
Washington Rep. Pramila Jayapal, the chair of the Congressional Progressive Caucus, said Sunday that White House negotiators and Democratic leaders should be concerned about progressive support for the tentative deal to raise the debt ceiling for two years
2023-05-29 02:29
Here's what's in the debt ceiling deal
After several weeks of tense negotiations, President Joe Biden and House Republicans have reached an agreement in principle to raise the debt ceiling and cap spending.
2023-05-28 19:26
Inside the Treasury Department team monitoring early economic warning signs as default threat looms
Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
2023-05-26 06:47
Are investors finally nervous about the US debt ceiling?
The US is running out of time to reach a debt ceiling deal. So is Wall Street getting nervous?
2023-05-25 08:16
'Huge backlash': Parties ramp up pressure on Biden and McCarthy to hold the line in debt talks
Last week, the Congressional Progressive Caucus posed a formal ask to its members: were there any proposals they could accept included in the list of GOP demands in exchange for raising the debt ceiling?
2023-05-24 05:53