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New year, new Congress, old problem: the debt ceiling
The new cohort of lawmakers could agree to once again suspend it. They could also get rid of the national debt cap altogether.
The debt ceiling is back, but no need to worry – yet
The nation’s debt ceiling was reinstated Thursday, giving congressional Republicans yet another divisive challenge to contend with in 2025.
The U.S. Is About To Hit The Debt Ceiling Again: What That Means For The Economy
Key Takeaways The U.S. government's borrowing limit was reimposed this week, putting the nation days away from going over the debt ceiling.The Treasury Department will be able to use accounting tricks to keep the government paying its bills until the summer,
The Debt Ceiling Makes a Comeback. What It Means for Bonds.
A limit on borrowing by the U.S. government was reinstated on Thursday, a fresh headache for fixed-income investors ahead of the start of the second Trump administration.
U.S. Debt ceiling reinstated
As global markets experience a mixed bag of economic indicators, with U.S. consumer confidence dipping and European stocks seeing modest gains, investors are navigating an environment marked by cautious optimism and potential volatility.
20m
on MSN
Kamala Harris Announces New Federal Rule To Help People With Medical Debt
Helping the millions of Americans who ran up bills because they were uninsured or couldn't cover out-of-pocket costs was one ...
24m
on MSN
Debt-Ceiling Fight Has New X Factor: Trump
Democrats see potential for an agreement with the president-elect that permanently defuses the borrowing-limit threat.
10d
on MSN
Republicans will still have to deal with the debt ceiling in 2025. Here’s what you need to know
Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish.
American Banker
1h
CFPB to finalize rule removing medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that will remove medical bills from credit reports to end what the bureau called "coercive debt collection practices." ...
9d
on MSN
'Extraordinary measures': Treasury Sec. Yellen warns US could soon hit debt ceiling
Treasury Secretary Janet Yellen warned Congress that the country could hit the debt ceiling as soon as Jan. 14 in a letter ...
9d
on MSN
Janet Yellen tells Congress US could hit debt limit in mid-January
Treasury Secretary Janet Yellen says her agency will need to start taking “extraordinary measures,” or special accounting ...
8d
on MSN
Trump attacks 'dumbest' 2023 debt limit extension
U.S. President-elect Donald Trump said on Sunday the 2023 debt ceiling extension agreed by then House Speaker Kevin McCarthy ...
11d
on MSN
National debt grew by $2.5 trillion in 2024; projected to rise
As 2025 approaches, America’s fiscal health is in serious trouble with a ballooning federal debt exceeding 100% of the GDP.
9d
Janet Yellen says Treasury will need to take 'extraordinary measures' to avoid debt ceiling next month
The notification to Congress is the clearest sign yet that the fight to avoid default will likely take place in the early ...
7d
What will happen to Georgia's student loan debt during Trump's second term?
Trump previously tried to end forgiveness programs. Now he wants to eliminate the Department of Education. What could this ...
Opinion
3d
Opinion
Stephen Moore: The debt ceiling is a federal budget fire alarm — and Trump should embrace it
Giving Congress an unlimited credit card will only accelerate the ruinous fiscal path we’re on — but if Trump is serious ...
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