Biden signs debt ceiling deal into law, averting historic default
President Joe Biden signed into law Saturday a bill to suspend the nation's debt limit through January 1, 2025, to avert a first-ever US default.
2023-06-04 01:54
Biden hails debt ceiling deal as 'crisis averted'
The US president said he will sign the debt deal into law on Saturday.
2023-06-03 07:45
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:19
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 01:18
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
Debt deal avoids the really tough decisions
The US government took one step back from self-inflicted economic disaster on Tuesday.
2023-05-31 12:16
McCarthy faces key test ahead of House vote on debt limit deal
House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error.
2023-05-30 17:18
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
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
US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 - source
A deal reached to raise the U.S. federal government's $31.4 trillion debt ceiling keeps non-defense spending roughly flat
2023-05-28 09:16
Democrats have warning for White House that their support for debt deal is not guaranteed
Rep. Susan Wild, one of the country's most politically vulnerable Democrats, made her displeasure known over the White House's handling of talks to raise the debt ceiling with House Speaker Kevin McCarthy.
2023-05-26 08:24