US Debt Ceiling Battle Rekindles Debate Over Ukraine Funds More Reuters FILE PHOTO: U.S. 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 hist...
(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...
(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...
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...
Trump urged House Republican leaders to add an extension of the debt ceiling to a stopgap government spending bill. But 38 GOP lawmakers, mostly hardline fiscal conservatives, joined with most Democrats to sink a spending bill that included the debt ceiling extension. ...
0:00:00 Subscribe to ad-free U.S. House of Representatives vote through crucial debt ceiling bill Thur 1 Jun 7.20am•Last night Democrats and Republicans in the House of Representatives agreed on budget cuts and new borrowing limits. Now it's up to the Senate to pass the bil...
Editor's note: US stocks fell on Wednesday as investors were worried that the US federal government would default on payments, but the US House of Representatives voted to suspend the US' debt ceiling through to 2025, avoiding federal default at the last minute and sending the bill to the ...
The small, but dangerously real risk of an accidental default has begun to ripple discretely through bond markets. The yield of the Treasury bill that matures on November 19 jumped to a high of 13 basis points this week, despite ravenous demand for dwindling bill supply from money market funds...
Mr Mnuchin has been calling for a “clean” bill increasing the debt limit, without any conditions attached. However, Mick Mulvaney, the president’s budget chief, has publicly supported the idea of attaching riders to the debt-ceiling increase, creating an impression of internal conflict in the...
With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling. That averts an unprecedented default on the federal government’s debt. The Treasury Department had warned that the country would start running