Debt-Ceiling Fight Has New X Factor
Trump wants to extend US debt ceiling, says he doesn't want to see a default
President-elect Donald Trump said on Tuesday that he wants the U.S. Congress to extend the nation's debt ceiling, adding that he did not want to see the federal government default on its debt, which currently tops $36 trillion.
US debt ceiling reinstated as risk of default looms
The Treasury Secretary said that officials will soon have to start taking extraordinary measures to avert such a default, which analysts have warned — on the multiple prior occasions the US has neared its debt ceiling — could throw the global economy into turmoil.
Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks ...
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether ...
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until ...
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Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his ...
The Treasury Department on Friday said the government is beginning to run out of money to finance its debt obligations.
(CNN) — The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025. President-elect Donald Trump is demanding ...
Here’s what else you need to know to Get Up to Speed and On with Your Day. At least 14 people were killed in New Orleans ...
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
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