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By Lisa Mascaro, Seung Min Kim, Kevin Freking, Associated Press
With one of three major rating agencies warning that America's AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation's debt limit.
By Paul Wiseman, Christopher Rugaber, Associated Press
Let's walk through what the debt ceiling is, why it was created, and who could be affected first if the U.S. defaults on its bills.
By Lisa Desjardins, Joshua Barajas
Millions of job cuts. No Social Security checks. Disrupted services like air traffic control. Treasury Secretary Janet Yellen says these are some of the ways consumers could be hurt if the U.S. experienced an unprecedented government default.
By Darlene Superville, Associated Press
As President Joe Biden meets Tuesday with House Speaker Kevin McCarthy and other congressional leaders for the first time over the debt ceiling crisis, the options for easing out of the standoff are many.
By Lisa Mascaro, Associated Press
By Christopher Rugaber, Fatima Hussein, Associated Press
A union of government employees has sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government's total debt, which the lawsuit contends is unconstitutional.
By Zeke Miller, Associated Press
Treasury Secretary Janet Yellen said Sunday that there are “no good options” for the United States to avoid an economic “calamity” if Congress fails to raise the nation's borrowing limit of $31.381 trillion in the coming weeks.
By Lisa Desjardins
A great many words will be said in the coming days about what should happen now after the Treasury Department revised the debt limit deadline. Here's what you should know.
By Fatima Hussein, Associated Press
Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit as early as June 1, if the body does not raise or suspend the debt limit before then.
By Joe McDonald, Matt Ott, Associated Press
Wall Street held steady in premarket trading Friday as some of the nation's biggest banks posted strong first-quarter profits one day after markets surged on reports of slowing inflation.
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