Trump and Vance criticize Republican handling of debt ceiling, call for temporary funding bill, even Liz Warren agrees
WASHINGTON, D.C. — President-elect Donald J. Trump and Vice President-elect JD Vance released a statement Thursday lambasting Congressional Republicans for allowing the United States to hit its debt ceiling in 2025 and…
Schumer Says Deal Reached To Lift Debt Ceiling, Avoid Nationwide Default
Senate Majority Leader Chuck Schumer announced Thursday that a deal was reached to raise the debt ceiling and avoid a nationwide default. The deal extends the debt ceiling through early December, giving…
Yellen: Raise The Debt Ceiling Or We Will Fall Back Into Economic Recession
Treasury Secretary Janet Yellen said Tuesday that the U.S. could slide back into economic recession if Congress fails to raise the debt ceiling by Oct. 18. “It would be catastrophic to not…
Schumer: Congress Must Raise Debt Ceiling This Week
Senate Majority Leader Chuck Schumer told his caucus Monday that Congress must pass a bill to raise the debt ceiling this week. “Let me be clear about the task ahead of us,”…
House Majority Leader, Senate Majority Whip Contradict Each Other On Debt Ceiling Increase
The no. 2 Democrats in the House and Senate gave contradictory messages about their plan to raise the debt ceiling Tuesday, with one saying that Democrats may have to resort to a…
Yellen Renews Call For Congress To Raise Debt Ceiling As Democrats Mull Other Options
Treasury Secretary Janet Yellen repeated an urgent request for Congress to raise the debt ceiling Tuesday, warning about the potentially devastating consequences of the U.S. defaulting on its debt. Yellen warned that…
Senate Republicans Filibuster Government Funding Bill Over Debt Ceiling Provision With Three Days Until Shutdown
Senate Republicans Monday filibustered Democrats’ bill to fund the government and suspend the debt ceiling, days before a potential federal shutdown and possible debt default. Republicans vowed for weeks to oppose a…