U.S. Debt Limit
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Debt ceiling deal in sight as Biden cuts overseas trip short to focus on talksNegotiations 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. NewsMay 16, 2023
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‘Very concerning’: U.S. debt limit talks appear to stall as crisis loomsThe 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. NewsMay 15, 2023
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Biden, congressional leaders postpone debt limit meeting as talks continueThe 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. NewsMay 11, 2023
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Canada watches closely but quietly as U.S. debt limit standoff nears deadlineCanadian 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.EconomyMay 9, 2023
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No movement on U.S. debt talks after Biden meets with congressional leadersBiden invited House and Senate leaders from both parties to the Oval Office as the U.S. faces down a looming deadline to raise the debt ceiling or risk a default.U.S. NewsMay 9, 2023
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Yellen warns of U.S. ‘economic chaos’ if debt limit not raisedTreasury Secretary Janet Yellen said that there are ``no good options'' for the U.S. to avoid an economic ``calamity'' if Congress fails to raise the nation's borrowing limit.U.S. NewsMay 7, 2023
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U.S. Congress races back to cast debt limit vote, avoid defaultThe House is expected to approve it swiftly so President Joe Biden can sign it into law this week.PoliticsOct 12, 2021
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