US Debt Ceiling
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Biden says debt ceiling bill to be signed Saturday, praises bipartisan dealBiden used his inaugural speech to the nation from the Oval Office to highlight the bill and the compromises it contains, pointing to the importance of averting a default.U.S. NewsJun 2, 2023
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U.S. Senate passes debt ceiling bill to prevent default, set to become lawThe legislation passed the upper chamber a day after the House united in rare bipartisan fashion to approve the deal reached between Republicans in the White House last week.U.S. NewsJun 1, 2023
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Debt ceiling and spending bill passes U.S. House, clearing major hurdleThe goal is to get the bill signed by President Joe Biden before Monday, when the U.S. Treasury says it will run out of money to pay its debts.U.S. NewsMay 31, 2023
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U.S. debt ceiling: Biden, McCarthy shore up support ahead of crucial voteBiden is sending top White House officials to meet at the Capitol to shore up support ahead of voting. McCarthy is working furiously to sell skeptical fellow Republicans.U.S. NewsMay 31, 2023
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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.WorldMay 28, 2023
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Debt ceiling deal: Biden, McCarthy say ‘agreement in principle’ reachedRepublican in the House of Representatives and the White House appear to have reached an 'agreement in principle' to raise the debt ceiling as the deadline neared.EconomyMay 27, 2023
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Biden, McCarthy narrow in on budget deal to lift debt ceilingThe 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. NewsMay 26, 2023
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Debt ceiling deal appears in reach ahead of U.S. holiday weekendLawmakers regularly need to raise the self-imposed debt limit to cover the cost of spending and tax cuts they have already approved.U.S. NewsMay 25, 2023
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Debt ceiling issues remain but Republicans, White House say ‘progress’ madeWith 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. NewsMay 24, 2023
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Biden ‘optimistic’ debt ceiling talks progressing as he meets with McCarthyIt'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. NewsMay 22, 2023
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