Add Yahoo as a preferred source to see more of our stories on Google. Congressional leadership is nearing a deal that will raise the U.S. debt ceiling and stop the government from defaulting, the ...
In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...
America’s debt ceiling was reached — again — on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like ...
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