You are viewing the "Debt Ceiling" Archives
Senate sends debt ceiling legislation to President Biden’s desk with days to spare
By: Claudia Grisales | Barbara Sprunt | Vincent Acovino | NPR
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Updated June 1, 2023 at 10:55 PM ET WASHINGTON (NPR) — With just days to spare before the deadline for the nation to face financial default, the Senate approved compromise,… Read More
Ohio’s U.S. senators disagree on legislation to raise the federal debt ceiling
By: Jo Ingles | Statehouse News Bureau
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WASHINGTON (Statehouse News Bureau) — Ohio’s two U.S. senators disagree on federal legislation to raise the $31.4 trillion debt ceiling. The U.S. House voted 314 to 117 for the measure… Read More
Biden and McCarthy reach a deal to avoid default. Here’s what’s in it
By: Ximena Bustillo | Claudia Grisales | NPR
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WASHINGTON (NPR) — While many families in the U.S. were relaxing over the Memorial Day weekend, top negotiators for President Biden and House Speaker Kevin McCarthy, R-Calif., were working late… Read More
Negotiators find compromises to avoid default but still have key conflicts
By: Ximena Bustillo | Franco Ordoñez | NPR
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Updated May 26, 2023 at 3:51 PM ET WASHINGTON (NPR) — Negotiators have hashed out some details of a deal to prevent the country from a default on its debt… Read More
So would a U.S. default really be that bad? Yes – And here’s why
By: Stacey Vanek Smith | NPR
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WASHINGTON (NPR) — The debt ceiling and default debate can feel a little bit like Groundhog’s day: Same drama, different year. And, of course, the same warnings everywhere: That a… Read More
Biden and McCarthy gear up for the next round of debt ceiling talks
By: Barbara Sprunt | NPR
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WASHINGTON (NPR) — House Speaker Kevin McCarthy and President Biden are expected to meet Monday afternoon for a face to face meeting on addressing the debt ceiling — with less… Read More
Veterans could be among the first to feel the pain of a debt default
By: Quil Lawrence | Dustin Jones | NPR
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WASHINGTON (NPR) — For Navy veteran Jesse Reynolds, it’s personal. Veterans funding is currently a key part of two high-stakes showdowns in Washington: budget talks and the possible default on… Read More
What you need to know about the debt ceiling as the deadline looms
By: Kelsey Snell | NPR
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WASHINGTON (NPR) — The federal government is perilously close to being unable to make payments on the country’s debt. It is up to Congress to vote to increase the nation’s… Read More
The U.S. could hit its debt ceiling within days. Here’s what you need to know
By: Juliana Kim | Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — Hitting the national debt ceiling is a major worry for Washington right now. On Friday, Treasury Secretary Janet Yellen warned that the U.S. is on track… Read More
Congress approves a short-term funding bill to avoid a government shutdown
By: Deirdre Walsh | NPR
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Updated December 2, 2021 at 9:25 PM ET WASHINGTON, D.C. (NPR) — A day before the federal government is scheduled to run out of money, Congress on Thursday approved a… Read More