TRAVIS N. TAYLOR: The Democrats Are Playing A Losing Game Of Debt-Ceiling Chicken Travis N. Taylor on May 27, 2023 As the federal government approaches the inability to pay its…
WASHINGTON (Reuters) – U.S. Representative Kevin Hern, who leads the largest Republican caucus, said on Thursday that he believed a deal to raise the nation’s debt-ceiling deal was “likely” by…
By John McCrank NEW YORK (Reuters) – U.S. money market fund assets hit a new record of $5.8 trillion this week as yield-hungry investors continued to turn to the short-term…
By Andy Sullivan WASHINGTON (Reuters) – Americans are worried about the prospect of the U.S. government defaulting if Congress fails to raise the debt ceiling, but are divided over the…
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Tuesday he opposes the idea of extending the nation’s debt-ceiling through the end of the fiscal year…
By Gram Slattery and Tim Reid WASHINGTON (Reuters) – It is the one topic that everyone on Capitol Hill is talking about and yet hundreds of miles away, on the…
WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives has passed a bill that pairs $4.8 trillion of spending cuts with an increase in the federal government’s $31.4 trillion debt…
By Jason Lange WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers is preparing a plan to defuse a looming crisis over the nation’s debt ceiling by changing it from…
By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – A tumultuous start for the new U.S. Congress has some investors worried about what could be a prolonged battle over…
WASHINGTON (Reuters) – U.S. Republicans’ plans to use the debt ceiling to pressure Congress to cut government spending are “reckless,” the White house said Tuesday, and could threaten the U.S.…