debt ceiling crisis

After weeks of negotiations, U.S. President Joe Biden and House Speaker Kevin McCarthy have announced an “agreement in principle ” to raise the nation’s debt ceiling and avoid a potentially catastrophic default. The agreement includes…

Republicans and the White House appear to have reached an “agreement in principle” to raise the debt ceiling – just over a week before the deadline to avoid a potential default. Republican Speaker Kevin McCarthy tweeted the news…

Crunch talks between US President Joe Biden and senior Republicans have been postponed until early next week to allow staff to continue working, the White House said in a statement Thursday. A source familiar with the meetings…

United States President Joe Biden held a meeting with top lawmakers at the Oval Office, on Tuesday (May 9) in a bid to break a deadlock over raising the $31.4 trillion debt limit, as the country faces the risk of an unprecedented default.…

United States President Joe Biden held a meeting with top lawmakers at the Oval Office, on Tuesday (May 9) in a bid to break a deadlock over raising the $31.4 trillion debt limit, as the country faces the risk of an unprecedented default.…

The US House of Representatives passed a bill, narrowly at it, to raise the government's debt limit.  The bill, passed on Wednesday by a 217-215 vote, proposes to increase the borrowing limit by $1.5 trillion or until March 31, 2024,…