LONDON/NEW YORK (Reuters) -Market jitters over the U.S. debt ceiling lifted the cost of insuring exposure to its debt to the highest level in over a decade on Thursday, while JPMorgan warned of a "non ...
WASHINGTON — Congressional leaders are hatching a complicated plan to lift the debt limit this month with only Democratic votes in the Senate, three sources told NBC News. The strategy, which remains ...
Senators voted to approve a short-term increase to the federal debt ceiling on Thursday night, ending a weekslong standoff on Capitol Hill and likely averting a default that could have triggered a ...
Melissa Quinn is a senior reporter for CBSNews.com, where she covers U.S. politics, with a focus on the Supreme Court and federal courts. Washington — House Speaker Kevin McCarthy and Republican ...
A screen shows the national debt clock after the US hit its debt limit and the Treasury started using extraordinary measures to avoid default (Photo by Fatih Aktas/Anadolu Agency via Getty Images) The ...
The debt ceiling issue has entangled Congress in yet more partisan gamesmanship. The two sides agreed to an emergency extension into December, averting the immediate crisis, but Senate Minority Leader ...