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What s at stake in debt ceiling, national debt stand-off
Could America really withstand a $12 trillion hit to the economy?
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Biden, Republicans spar over debt ceiling deal: What is the debt ceiling?
After hours of talks between US President Joe Biden and Speaker of the House of Representatives Kevin Mcarthy, the two sides remained “far apart”, but were “hopeful” to reach an agreement to lift the debt ceiling “by the end of the week”.
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Kevin McCarthy s Idea of Austerity: $115 Billion for Tax Cheats and Oil Companies
That’s in his debt ceiling bill. And his delays have already cost taxpayers an additional $328 million as he preaches against excess spending.
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Don t Believe Donald Trump: A Failure to Raise the Debt Ceiling Would Be Disastrous
The ex-President’s intervention has made a fraught situation even more complicated.
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Debt ceiling fight could still wreck the U S economy
There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline.
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