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 limit
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...
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...
When’s The Debt Ceiling Deadline For 2023?
House Speaker Kevin McCarthy of Calif., speaks with members of the press before attending a House … [+] Republican Steering Committee meeting on Capitol Hill in Washington, Wednesday, Jan. 11, 2...
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...