Debt ceiling deadline is now June 5, Yellen says Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default. May 26, 2023 Debt Ceiling: The impact on seniors, people who rely on social security ...
Debt-Ceiling Deadline: Hard or Soft?
Debt ceiling deal passes the House as US moves closer to preventing historic default The House passed a debt ceiling bill on Wednesday while cutting government spending over the next two years, in a victory for both Biden and Kevin McCarthyJun...
Debt ceiling crisisAs the June 1 deadline looms with the possibility the U.S. could run out of money to pay bills, Republicans are demanding spending cuts.Allison Bailey/NurPhoto via Shutterstock The federal government's record-high national debt is set to get even bigger, ...
Finally, for those willing to bet that Congress will manage to raise the debt ceiling in time, some investors may look to arbitrage the yield gap between T-Bills maturing before and after early June. Key to this will be timing, with the opportune moment being when concerns over the debt ...
15 as the projected debt ceiling “deadline” for this year. Past performance is no guarantee of future results.Sign up to receive BlackRock's institutional insights We partner with the BlackRock Investment Institute and thought leaders throughout our firm to provide investing insights and analysis ...
As the debt-ceiling deadline approaches, politicians in Washington are holding high-stakes negotiations that could have broad implications for financial markets as talks go down to the wire. Previous standoffs over the debt ceiling, including one in 2011 that also pushed up against the deadline, ...
Fitch places U.S. AAA rating on "negative watch" as debt ceiling deadline nears Photo taken on Aug. 16, 2022 shows the White House in Washington, D.C., the United States. (Xinhua/Liu Jie)The brinkmanship over the debt ceiling,failure of the U.S.authorities to meaningfully tackle medium...
The looming deadline is keeping the pressure high on House Republicans and the White House to bridge their differences and address the debt ceiling in the coming days. President Joe Biden is set to meet again on Tuesday with House Speaker Kevin McCarthy and other top congressional leaders. “...
Chris Sununu of New Hampshire said Sunday it was “a miracle” a tentative deal was reached to raise the debt ceiling ahead of the crucial June 5 deadline when the US would no longer be able to pay its bills. After weeks of intense negotiations, House Republicans and the White House ...