WASHINGTON — Terms and phrases like the "debt ceiling," reconciliation" and "continuing resolution" may sound like complicated government policies and procedures. However, the issues and policies are ...
WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
Despite Trump's prior comments, the White House has asked to raise the ceiling. — -- While President Donald Trump has spent much of his first six months in office attempting to roll back many of ...
If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...
In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
T-bills are dwindling in supply, as the U.S. has been operating without a debt-ceiling fix since January The booming money-market-fund industry could soon face a shortage of its favorite assets to buy ...
Wall Street is on alert as the second half of 2025 gets ready to unload as much as $1 trillion in new Treasury supply, with the bond market bracing for the impact. This wave is expected to slam into ...
Despite all the hand-wringing over raising the federal debt limit, and the prickly debate between Democrats and Republicans, there’s some confusion about what it actually means. A recent Pew Research ...
The booming money-market-fund industry could soon face a shortage of its favorite assets to buy. The supply of Treasury bills, a kind of short-term debt used to fund the federal government, has been ...
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