Biden signs debt ceiling bill that pulls U.S. back from risk of default
The White House says President Biden signed the debt ceiling bill in private.
debt ceiling
Biden celebrates a “crisis averted” in Oval Office address on bipartisan debt ceiling deal
President Biden celebrated a “crisis averted” as he prepared to sign a budget agreement that eliminates the potential for an unprecedented government default.
Senate Gives Final Approval to Debt Ceiling Deal, Sending It to President Biden
The Senate gave final approval late Thursday to a debt ceiling and budget cuts package before the fast-approaching government default deadline.
Debt Ceiling Deal: What’s In, What’s Out
Here’s a look at what’s in and what’s out of the agreement to avoid a U.S. government default.
Biden, McCarthy Reach Tentative Deal to Raise Debt Ceiling, Avoid U.S. Default
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as they raced to strike a deal to limit federal spending and avert a potentially disastrous U.S. default.
Treasury Secretary: Debt Ceiling Deadline Now June 5
The government has announced a new June 5 default deadline, dragging the White House and Republicans toward another week of negotiations over cutting spending and raising the nation’s legal debt limit.
Washington Lawmakers Leave Town for Weekend without Debt Ceiling Deal
Lawmakers are not expected back at work until Tuesday, just two days from June 1, when Treasury Secretary Janet Yellen has said the U.S. could start running out of cash to pay its bills and face a federal default.
UPDATE: No Debt Ceiling Agreement in White House Meeting
President Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation’s borrowing limit in time to avert a potentially chaotic federal default.
Biden, McCarthy to Meet Monday for Debt Ceiling Talks as Default Deadline Looms
President Joe Biden will meet in person Monday with House Speaker Kevin McCarthy about averting an economy-wrecking federal default.
