Politics Jan 30 Treasury Department to increase borrowing amid debt ceiling standoff By Fatima Hussein, Associated Press
Politics Jan 24 WATCH: White House grapples with several mass shootings early in the year A year ago, the U.S. marked its first deadly gun rampage of the year on Jan. 23. By the same date this year, there have been six mass killings that have claimed 39 lives, leaving communities nationwide reeling from the… By Associated Press
Politics Jan 20 Watch 10:23 Brooks and Capehart on the debt ceiling debate and Biden document investigations New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Geoff Bennett to discuss the week in politics, including the latest on President Biden's classified documents investigation and the debt ceiling debate in Congress.
Politics Jan 19 Watch 5:57 U.S. hits borrowing limit as Congress debates raising debt ceiling The United States government reached its debt limit Thursday, according to Treasury Secretary Janet Yellen. This means her agency must use accounting tactics to keep the government solvent while it waits on Congress to act. Congressional Correspondent Lisa Desjardins reports… By Lisa Desjardins, Kyle Midura
Politics Jan 19 As government nears debt limit, Biden and House Republicans prepare for face off The countdown toward a possible U.S. government default is in the offing. By Josh Boak, Associated Press
Jan 18 Analysis: What is the debt ceiling? By Steven Pressman, The Conversation Treasury Secretary Yellen announced the U.S. will hit its $31 trillion debt ceiling on Jan. 19. Economists and markets are worried Congress won’t act in time, which could trigger a financial crisis. Continue reading
Jan 18 WATCH: White House press secretary Karine Jean-Pierre holds news briefing as the nation’s debt ceiling deadline approaches By Associated Press As the clock ticks down to the nation's debt ceiling deadline, the White House on Wednesday urged Republicans in Congress to work with President Joe Biden to avoid a potentially dangerous default. Continue reading
Jan 17 Watch 8:49 Economists and business leaders raise alarm about looming debt ceiling deadline By Laura Barrón-López, Kyle Midura The U.S. is expected to bump into its borrowing limit in just a few days. The Treasury Department said it is taking "extraordinary measures" to allow the country to keep paying its debts for now, but Congress must vote to… Continue watching
Jan 13 U.S. expected to hit debt limit Thursday, Yellen tells Congress By Fatima Hussein, Associated Press Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. Continue reading
Dec 15 Congress sends Biden $2.5 trillion debt limit hike, averting default By Brian Slodysko, Associated Press Capping a marathon day, the House gave final approval to the legislation early Wednesday morning on a near-party-line 221-209 vote, defusing a volatile issue until after the 2022 midterm elections. Continue reading