Fed Pause Tests Wall Street Limit on Risky Debt
Lenders have let borrowers pay interest with more debt to conserve cash. Like any financial maneuver, the short-term solution can’t weather a prolonged high-interest environment.
KTNV Las Vegas16h
Speaker Johnson floats negotiating with Democrats on US debt ceiling
House Speaker Mike Johnson said he'd be willing to negotiate with Democrats to raise the debt ceiling, something President ...
GOP ponders how to raise the debt ceiling despite dozens of members who've always held out
Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the ...
AOL11d
U.S. Treasury set to use 'extraordinary measures' starting Tuesday
Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the ...
KSBW The Central Coast12d
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
Get the facts on the debt ceiling. The debt ceiling is *** cap on how much the country can borrow to pay for what's already ...
Detroit Free Press13d
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Under that 2023 budget deal, Congress suspended the debt ceiling until Jan. 1, 2025. The U.S. Treasury will be able to pay its bills for several more months, but Congress will have to address the ...
The Indianapolis Star13d
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
The U.S. government will reach its borrowing limit on Tuesday, according to Treasury Secretary Janet Yellen. The Treasury Department will take "extraordinary measures" to avoid breaching the debt ...
WKOW14d
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
(CNN) — The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...