NEW YORK, NY – Researchers see potential volatility in equity and credit markets as debt ceiling … [+] deadline nears. (Photo by Scott Heins/Getty Images) Getty Images Researchers at the K...
Tag: debt ceiling
CBO Estimates Summer Default If No Debt Limit Deal Reached
Treasury Secretary Janet Yellen previously indicated that extraordinary measures would expire “early … [+] June” the Congressional Budget Office have now shared their own estimates (...
What’s Next For Markets As The U.S. Reaches It Debt Limit?
Markets are starting to show some concern as the debt limit is reached. (Photo by William Thomas … [+] Cain/Getty Images) Getty Images The clock is ticking on the U.S. debt limit, which was alre...
Treasury’s $1 Trillion Coin And The Fed’s Magic Asset
Treasury Secretary Janet Yellen speaks during a House Financial Services Committee hearing, … [+] Thursday, Sept. 30, 2021 on Capitol Hill in Washington. Yellen said Tuesday, Oct. 5, 2021 that O...
The U.S. Hit Its Debt Limit — What Now?
U.S. dollars (Photo by LUIS ROBAYO/AFP via Getty Images) AFP via Getty Images The United States on Thursday hit its debt ceiling, the cap on how much money the government can borrow to pay its financi...
As Debt Ceiling Countdown Begins, Should Markets Be Concerned?
Treasury Secretary Janet Yellen speaks at the Treasury Department in Washington, Jan. 10, 2023. The … [+] federal government is on track to max out on its $31.4 trillion borrowing authority as s...
What The 2022 Midterms Mean For The Markets
Kevin McCarthy (R-CA) will serve as speaker of the House from January 2023, how will political … [+] gridlock after the midterms shape financial markets? (Kent Nishimura / Los Angeles Times via ...
Debt Ceiling Risk Looms For Markets In 2023
There are concerns that negotiations around raising the debt ceiling could rattle markets as we saw … [+] in 2011. Photographer: Michael Nagle/Bloomberg © 2022 Bloomberg Finance LP When the U.S....
Is The Debt Ceiling The Only Remaining Institution Capable Of Shrinking The Federal Government?
Even before the pandemic episode, spending on debt service threatened to rival the entire federal defense budget. WASHINGTON, DC – JULY 25: U.S. President Joe Biden listens as Communications Wor...
Federal Government Runs Its First Monthly Budget Surplus Since 2019
Topline The federal government’s revenue surpassed expenses by $119 billion last month, marking its first monthly surplus since before the Covid-19 pandemic began, the Treasury said Thursday—amid an i...