US Debt Limit
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The U.S. credit rating has been downgraded again. What does that mean?Fitch Ratings cited Washington's rising debt burden and political difficulties in addressing spending and tax policies as the key reasons for reducing its rating from AAA to AA+.U.S. NewsAug 2, 2023
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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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