US public debt is ‘unsustainable’: Fed chief – Economy
he United States is on an "unsustainable" path with regard to its national debt and it is time to address...
archiveDebt Ceiling
Untangling the Government Funding Mess
Happy New Year. The government shuts down in 16 days. By now, that second sentence can’t surprise you. A Congress...
Mortgage rates spike amid debt ceiling drama and inflation
What’s old is new again: Mortgage rates soared past 7% for the first time since last year, according to recent...
Debt ceiling showdown “was incredibly costly” to U.S., economic expert says
On Saturday night, Republicans and Democrats reached a tentative agreement ("in principle," House Speaker Kevin McCarthy said) to raise the...
Debt ceiling talks hinge on budget cuts. Here’s what the U.S. spends money on.
A key element of the debt ceiling negotiations in Washington, D.C., are demands from Republican lawmakers that the nation chop federal...
A debt ceiling breach would hurt these U.S. states the most
With negotiations on raising the debt ceiling still ongoing, the U.S. may be less than two weeks from defaulting on...
Ted Cruz accuses Biden of being ‘willing to tank the economy’ over debt limit
Sen. Ted Cruz (R-TX) accused President Joe Biden of being "willing to tank the economy" instead of accepting spending clawbacks....
What happens if the U.S. defaults? How the debt ceiling could impact your money.
Time is running out to reach a deal to avert a historic default on the nation's debt, with Treasury Secretary...
Yellen’s estimate that U.S. could run out of money to pay the bills holds at possible June 1 date
Treasury Secretary Janet Yellen updated her guidance Monday on when the United States could run out of money to pay...
What Is the National Debt Limit and What Happens If the US Defaults? – NBC4 Washington
The U.S. officially hit the debt ceiling on Thursday. U.S. Treasury Secretary Janet Yellen says the Treasury is now taking...
