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New year, new Congress, old problem: the debt ceiling
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether.
The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
A key deadline for the government's borrowing limit is rapidly approaching, but lawmakers may not have to deal with it until the summertime.
The debt ceiling is back, but no need to worry – yet
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.
The Debt Ceiling Makes a Comeback. What It Means for Bonds.
A limit on borrowing by the U.S. government was reinstated on Thursday, a fresh headache for fixed-income investors ahead of the start of the second Trump administration.
U.S. Debt ceiling reinstated
As the U.S. stock market wraps up a strong year with a slight downturn, major indices like the Dow Jones Industrial Average and S&P 500 have experienced notable monthly losses despite impressive annual gains.
Opinion
1h
Opinion
Stephen Moore: The debt ceiling is a federal budget fire alarm — and Trump should embrace it
Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious ...
Hosted on MSN
6d
Treasury secretary sends warning urging Congress to act on debt limit
Treasury Secretary Janet Yellen warned Congress on Friday that "extraordinary measures" will be necessary as early as Jan. 14 ...
6d
on MSN
Janet Yellen tells Congress US could hit debt limit in mid-January
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...
6d
on MSN
Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his ...
Opinion
1d
on MSN
Opinion
Opinion - Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended ...
4d
on MSN
Trump attacks 'dumbest' 2023 debt limit extension
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
11h
on MSN
GOP majority begins 119th Congress with lengthy list of legislative priorities
With newfound control of both chambers of Congress, Republican leaders are touting a list of priorities that they aim to quickly address, like immigration and taxes.
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