The US House of Representatives voted overwhelmingly on Wednesday to pass a bill to suspend the nation’s debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default.
The...
WSJ: Biden, McCarthy Work to Put Final Touches on Their Debt-Ceiling Deal
President Biden and House Speaker Kevin McCarthy (R., Calif.) prepared to talk Sunday to iron out the final elements of their agreement to raise the nation’s borrowing limit and planned to release...
Understanding the Consequences of Not Raising the US Debt Ceiling
As the US government continues to grapple with raising the debt ceiling, many people are left wondering what would happen if Congress fails to act. While politicians debate over budget cuts and fiscal...
Preparing for a Possible U.S. Government Shutdown Due to the Debt Limit
The uncertainty surrounding the U.S. government's ability to meet its financial obligations has left many Americans wondering what steps they should take to prepare for a possible shutdown. With the d...
The Dreaded Debt Ceiling: How a U.S. Default Could Affect Your Finances
Are you familiar with the phrase 'debt ceiling'? No, it's not a term related to interior design or construction projects. In fact, it's one of the most significant financial issues that affect every A...
Navigating the Uncertainty of the Debt Ceiling as a Marketer: Tips and Insights
As a marketer, you're used to navigating uncertainty - from shifting consumer behavior to economic unpredictability. But the looming threat of a debt ceiling crisis? That's uncharted territory. With n...
Debt ceiling deadlock continues days after the House GOP bill is approved
Neither Democrats nor Republicans seem to have adjusted their positions on the debt ceiling Sunday despite House Republicans having passed a sweeping debt-limit and spending-cuts plan on Wednesday.
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What Happened in 2011 and What Could Happen Now with the Debt Ceiling?
In 2011, the United States experienced a political showdown that brought the country to the brink of financial disaster – all over a debate about raising the debt ceiling. Now, with another debt ceili...
Uncertainty Reigns: Exploring the Market Consequences of the US Debt Ceiling Debate
Welcome to the world of economic uncertainty! With the US debt ceiling debate hotly contested, investors everywhere are experiencing heart palpitations as they try to predict the market's next move. B...
What Is The US Debt Ceiling and Why Is It So Important? An Introduction To Government Financing And Debt Default
Budget deficits, debt ceilings, and debt limits are all terms that are talked about in the news. But what do they mean and why is it so important to understand them? Have you ever wondered how gov...