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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 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 U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
Key Takeaways The U.S. government's borrowing limit was reimposed this week, putting the nation days away from going over the debt ceiling.The Treasury Department will be able to use accounting tricks to keep the government paying its bills until the summer,
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 global markets experience a mixed bag of economic indicators, with U.S. consumer confidence dipping and European stocks seeing modest gains, investors are navigating an environment marked by cautious optimism and potential volatility.
Opinion
3d
on MSN
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 ...
8d
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 wish.
8d
on MSN
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...
6d
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 ...
3d
on MSN
Student Loans May Be More Affordable if Congress Passes This Act—but There's a Catch
The College Cost Reduction Act aims to reduce college costs and student loan use. But the bill has some problematic parts ...
8d
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 ...
The Hill
13d
The presidential solution to taming the growing federal debt
In essence, every American man, woman and child now living owes $100,000 in national
debt
, courtesy of your
Congress
. The solution lies in restoring checks and balances, through the presidential ...
8d
Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid debt ceiling next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
5d
What will happen to Georgia's student loan debt during Trump's second term?
Trump previously tried to end forgiveness programs. Now he wants to eliminate the Department of Education. What could this ...
Opinion
7d
Opinion
Midlands Voices: New Year’s resolution for Congress – stop digging us deeper into debt
"As we enter this new year, my hope is that Congress — not just our Nebraska representatives — will acknowledge the ...
Opinion
2d
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 ...
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