The U.S. Has Hit The Debt Ceiling. How Long Does Congress Have To Fix It?
Key Takeaways The U.S. government hit its congressionally-set debt limit on Tuesday, setting up a potential showdown over lifting or extending the debt ceiling.The Treasury Department is continuing to pay its bills without borrowing by using "extraordinary measures" but can't do that forever.
U.S. to Hit Debt Ceiling on Tuesday. Will Bitcoin Soar or Suffer?
Some issues never truly go away, and the U.S. debt ceiling, which limits the maximum amount the government can borrow, is one of them. It's back
Trump now must confront a problem he can’t solve alone: The debt ceiling
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness and the government's ability to service $36 trillion in debt. Trump is deeply unhappy the issue is even on the table.
The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until the summertime.
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking extraordinary measures to allow the government to pay its bills, outgoing Treasury Secretary Janet Yellen said in a letter to congressional leaders on Friday.
Federal government to hit $36T debt limit on Tuesday
President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 trillion dollars a day after he is sworn in on Monday.
GOP leaders mull a big debt-and-funding deal with Democrats
The option would include an agreement that ties together government funding, border money, disaster aid and a debt-limit hike ...
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
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The debt ceiling is back, but no need to worry – yet
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.
Ro Khanna says Democrats should demand a minimum wage increase in exchange for helping Trump raise the debt ceiling
Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...
Sen. Rand Paul: If There Is An Attempt To Raise The Debt Ceiling, I Will Not Vote For The Bill
On Wednesday's "Rob Schmitt Tonight," Senator Rand Paul joined to talk about President-elect Donald Trump's agenda, explained ...
Scott Bessent says he would work with Trump, Sen. Warren to eliminate debt ceiling
The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S.