House Speaker Kevin McCarthy (R-CA) speaks as he holds a press conference after the House approved the debt ceiling deal he negotiated with the White House to end their standoff and avoid a historic default, at the U.S. Capitol in Washington, U.S. May 31, 2023. REUTERS/Jonathan ...
Last week Lee said he intended to “use every procedural tool at my disposal to impede a debt-ceiling deal that doesn’t contain substantial spending and budgetary reforms.” 7:50 a.m. 5:06:32, May 31, 2023 Senate Democrats have mixed reactions to debt limit deal From CNN's Lauren...
Debt Ceiling, Immigration and Donald Trump: The Week in Cartoons May 15-19May 19, 2023, at 3:38 p.m. Save View all 16 Photos Nick Anderson|Tribune Content AgencyU.S. News Decision Points Your trusted source for the latest news delivered weekdays from the team at U.S. New...
The debt limit has been suspended since June 2023 when Congress passed a bipartisan deal reached between then-House Speaker Kevin McCarthy and President Joe Biden. Under that law, the limit on Treasury’s ability to issue debt to cover the nation’s bills returns on Jan. 2. ...
US Debt Ceiling: The Wary View from MexicoAgren, David
Dancing on the ceiling sounded like fun when Lionel Richie sang about it. Unfortunately, the reappearance of yet another debilitatingUS debt ceilingstand-off has given investors a sinking feeling. Markets have long assumed that the rebels will inevitably fold, as they did in 2011 and 2013. Treas...
Comicomment: US debt-ceiling debacle far from over (ECNS) -- After months of partisan arm-wrestling, the US Congress approved the bill to raise America's debt ceiling after the Senate's passage late Thursday. The two parties in the United States engaged in a last-minute tug-of-war over...
(ECNS) -- After months of partisan arm-wrestling, the US Congress approved the bill to raise America's debt ceiling after the Senate's passage late Thursday. The two parties in the United States engaged in a last-minute tug-of-war over the US debt "bomb," which reached a critical poin...
Mostly stronger than expected economic data, hawkish rhetoric by several Fed officials, some signs of progress on the perverse drama over the debt ceiling, and a solid week for bank shares helped the dollar extend its recent recovery. The greenback rose
Debt ceiling drama in US cramps SSA dollar style.Debt ceiling drama in US cramps SSA dollar style.The article reports on the debt ceiling issues in the U.S. and its impact on the sovereign, supranational or agency (SSA) sector in July 2011. A deal led by UBS and Goldman Sachs was rai...