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debt ceiling

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Treasury Secretary Bessent testifies before U.S. House Appropriations subcommittee hearing on Capitol Hill in Washington

Economy May 06

WATCH: Treasury Secretary Bessent testifies on the White House’s 2026 budget request

By Associated Press

Politics Dec 30

Potential government shutdown looms during the holidays, in Washington
Trump endorses House Speaker Johnson to stay after government budget turmoil

Trump said Monday in a post on his social media network that Johnson "is a good, hard working, religious man" and said the Louisiana Republican "will do the right thing, and we will continue to WIN."…

By Michelle L. Price, Associated Press

Politics Dec 20

Rep. David Schweikert
Watch 6:10
GOP Rep. Schweikert says Musk’s political influence in Washington is ‘wonderful’

The back-and-forth on the stopgap spending bill has created fault lines among House Republicans. Many were unsatisfied with the original text, but some also rejected the revised bill, which included President-elect Trump’s demands to suspend the debt limit. One of…

By Geoff Bennett, Shrai Popat, Kyle Midura, Elizabeth Summers

Politics Dec 19

Congress Works to Avoid Government Shutdown
WATCH: Senate debates spending bill as House grapples with stopgap deal

A debate over the debt ceiling is at the center of a dispute over funding that is pushing Washington to the brink of a federal government shutdown.

By Meg Kinnard, Associated Press

Politics Jan 02

The U.S. Capitol Building is seen in Washington, U.S., August 15, 2023. Photo by Kevin Wurm/REUTERS
U.S. national debt hits record $34 trillion as Congress gears up for funding fight

The record high comes after Republican lawmakers and the White House agreed to temporarily lift the nation's debt limit last year after the government ran up against its legal borrowing capacity and needed to implement "extraordinary measures" to avoid default.

By Fatima Hussein, Associated Press

Jun 03

Many Democratic lawmakers frustrated by debt deal’s work requirements for food aid

By Farnoush Amiri, Associated Press

Democrats are deeply conflicted about the food aid requirements that President Joe Biden negotiated as part of the debt ceiling deal, fearing damage has been done to safety net programs that will be difficult to unravel in the years ahead.

Continue reading

Jun 03

Watch 6:59
What’s next after the debt limit deal for Congress and the presidential race

By Lisa Desjardins, Harry Zahn

After hammering out a deal to suspend the U.S. debt limit and avert a default disaster, leaders in both parties are already looking ahead. Bloomberg congressional reporter Erik Wasson and The 19th’s founder and editor at large Errin Haines join…

Continue watching

Jun 03

Biden signs bipartisan bill that suspends debt limit until 2025, cuts spending

By Chris Megerian, Associated Press

With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt.

Continue reading

Jun 02

The debt deal set a new date for student loan payments to resume

By Nicole Ellis, Casey Kuhn, Rachel Liesendahl

The wide-reaching bipartisan debt ceiling deal approved by Congress this week includes a provision that prevents the Biden administration from extending the pause on federal student loan repayments.

Continue reading

Jun 02

WATCH: White House holds news briefing after Congress votes to raise debt ceiling

By Chris Megerian, Associated Press

The deal suspends the nation's debt limit until 2025, after the next presidential election, and ensures that the government can continue borrowing to pay already incurred U.S. debts.

Continue reading

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Full Episode
Saturday, Sep 20
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