spending curbs

US Default: Biden Admin Warns of ‘Catastrophic’ as Debt Talks Continue

US Default: Biden Admin Warns of ‘Catastrophic’ as Debt Talks Continue

by Divya Bharat
May 14, 2023

President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US economy if the country defaults, as negotiations with Republicans over a debt… Read More »US Default: Biden Admin Warns of ‘Catastrophic’ as Debt Talks Continue

US Debt Ceiling: What’s the 14th Amendment and Can it Help Avert a Crisis?

US Debt Ceiling: What’s the 14th Amendment and Can it Help Avert a Crisis?

by Divya Bharat
May 12, 2023

US President Joe Biden has been considering the “14th Amendment” option to avert a debt ceiling crisis, as the deadline to resolve an impasse on… Read More »US Debt Ceiling: What’s the 14th Amendment and Can it Help Avert a Crisis?