debt ceiling

The president outlined the economic stakes that leaders faced and declared that a crisis had been averted.

As the threat of a financial default neared, the Senate approved compromise, bipartisan legislation to lift the debt ceiling with just days to spare.

President Biden and House Speaker Kevin McCarthy met face-to-face yesterday to begin working out a deal to raise the debt-ceiling. We talk about national politics with political journalist Ken Rudin.

Political brinkmanship around the debt ceiling has become a fact of life in the U.S. We take a look at the most recent last-minute save, what the debt ceiling is in the first place and the risk such political fights pose to the U.S. economy.

Democratic congressional leaders announced Wednesday that they had reached a deal with President Trump to raise the debt ceiling, fund the government and pass aid to help victims of Hurricane Harvey.

Congressional leaders are trying hard to assure the financial markets the United States isn't about to default on its debts, but tweets by President Trump suggest the vote may not go smoothly.

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