Joe Biden Debt Ceiling

• Debt ceiling deal: What are the next steps to pass the agreement into law?

  The agreement includes spending cuts demanded by Republicans, but it is short of the reductions in the sweeping legislation passed by the Republican-led House last month.

  World

  May 28, 2023
  
• Biden, McCarthy narrow in on budget deal to lift debt ceiling

  The White House has offered to freeze next year’s 2024 spending at current levels and restrict 2025 spending, but the Republican leader says that’s not enough.

  U.S. News

  May 26, 2023
  
• Advertisement
• Debt ceiling issues remain but Republicans, White House say ‘progress’ made

  With just over a week left before the deadline, Joe Biden and House of Representatives Speaker Kevin McCarthy remain divided on how to move forward.

  U.S. News

  May 24, 2023
• Advertisement
• Biden ‘optimistic’ debt ceiling talks progressing as he meets with McCarthy

  It's a crucial conversation for the Democratic president and the Republican speaker, just 10 days before a looming deadline to raise the debt limit.

  U.S. News

  May 22, 2023
• Biden to meet McCarthy on Monday as debt ceiling deadline nears

  President Joe Biden and House Speaker Kevin McCarthy will meet in person on Monday as the government races against a looming deadline to raise America's debt limit.

  U.S. News

  May 21, 2023
• Can the U.S. avoid a debt ceiling default? Joe Biden says he’s ‘confident’

  Without a debt ceiling deal, the U.S. could begin defaulting on its obligations and trigger financial chaos starting as soon as June 1.

  Consumer

  May 18, 2023
• Debt ceiling deal in sight as Biden cuts overseas trip short to focus on talks

  Negotiations are still far from success, but a deal is possible by the end of the week, Republican House Speaker Kevin McCarthy said after a brief meeting with Biden.

  U.S. News

  May 16, 2023
• ‘Very concerning’: U.S. debt limit talks appear to stall as crisis looms

  The Treasury Department on Monday left unchanged a deadline as soon as June 1 when the nation will have exhausted its ability to cover its debt payments.

  U.S. News

  May 15, 2023
• Advertisement
• Biden, congressional leaders postpone debt limit meeting as talks continue

  The White House said staff would continue to hold discussions, and the delay was billed as a sign of positive exchanges between Republican and Democratic leaders, and Biden.

  U.S. News

  May 11, 2023
• Advertisement
• Canada watches closely but quietly as U.S. debt limit standoff nears deadline

  Canadian companies and institutions that sell products or services or lend money to the U.S. government would feel the impact of a default almost instantly, experts say.

  Economy

  May 9, 2023