KVSP ceiling
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Official White House Photo by Adam Schultz (WASHINGTON) — With time running short, President Joe Biden and congressional leaders will meet Tuesday afternoon to discuss the debt ceiling as Treasury Secretary Janet Yellen stressed a default could trigger a recession. Biden, House Speaker Kevin McCarthy, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer […]
Caroline Purser/Getty Images (WASHINGTON) — With the clock ticking for lawmakers to reach a debt ceiling deal or risk an unprecedented default, several emergency scenarios and short-term fixes are being debated. A White House meeting between President Joe Biden and congressional leaders on Tuesday, which was the first major discussion between the parties in months, […]
Photo by Mike Kline (notkalvin)/Getty Images (WASHINGTON) — Sometime Thursday, the United States is expected to reach its borrowing limit, teeing up a congressional showdown later this year with potentially devastating economic consequences. The federal government can pay most but not all of its bills with the tax and other revenue it takes in, and […]
