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Washington Sweats Over High-Stakes Vote to Stave off Debt Default

Divya Bharat May 31, 2023 2024 election, bad deal, borrowing, borrowing ceiling, cap increases, Compromise, cross-party deal, crucial vote, default, defense, Democratic leader, fiscal responsibility act, government cash, government health insurance, growing backlash, House floor, loan repayments, low-income Americans, motion to vacate the chair, national debt limit, Opposition, ouster, Republican defections, Republican dissent, Republican frictions, spending cuts, spending flat, taxes, unspent Covid aid money, upbeat tone, US politicians, Veterans, work requirements

Washington Sweats Over High-Stakes Vote to Stave off Debt Default

US politicians raced to secure backing for a cross-party deal to raise the national debt limit and avert a first-ever

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Biden, McCarthy Secure Debt Ceiling Deal; Now Must Sell it to US Congress to Avoid Default

Divya Bharat May 29, 2023 bipartisan agreement, career-challenging moment, Covid-19 Vaccines, debt ceiling deal, default on U.S. debts, Democratic support, Democratic votes, environmental reviews, financial markets, global economy, government default, New Democratic Coalition, president biden, progressive caucus, Republican, Speaker McCarthy, spending cuts, Treasury debt, work requirements

Biden, McCarthy Secure Debt Ceiling Deal; Now Must Sell it to US Congress to Avoid Default

With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final

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US Debt-Ceiling: Republicans Threaten to Vote Against ‘Unacceptable’ Deal

Divya Bharat May 28, 2023 $35 trillion in debt, 2024 presidential election, bill review, Bob Good, budget deal, compromises, congress, congressional Republicans, conservative, control spending, debt ceiling deal, debt ceiling increase, defense spending, economic collapse, federal spending, GOP's goals, Government spending, insanity, IRS, Joe Biden, Ken Buck, Kevin McCarthy, lauren boebert, Lindsey Graham, national debt, new york post, president biden, Ralph Norman, reckless spending, rejected, Republican majority, spending cuts, substantial cuts, two-year increase, Unacceptable, unspent COVID funds, vote against

US Debt-Ceiling: Republicans Threaten to Vote Against ‘Unacceptable’ Deal

Last Updated: May 29, 2023, 02:08 IST Washington D.C., United States of America (USA) US President Biden and Speaker McCarthy

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What Happens if US Fails to Lift Debt Limit by June 5?

Divya Bharat May 26, 2023 accounting measures, Bipartisan Policy Center, bipartisan solution, borrowing cap, borrowing ceiling, congress, debt ceiling, default option, existing bills, federal government, funding shortfall, government services, hard choices, House Republican Speaker, Janet Yellen, Kevin McCarthy, Lawmakers, Medicaid, medicare, Memorial Day weekend, Negotiators, possible deal, president biden, responsible lawmakers, social security, spending cap, spending cuts, tax revenues, Treasury data analysis, treasury department, Treasury Secretary, united states, US debt default, X-date

What Happens if US Fails to Lift Debt Limit by June 5?

Last Updated: May 27, 2023, 04:38 IST Washington D.C., United States of America (USA) US Treasury Secretary Janet Yellen speaks

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US Debt Crisis: Biden Promises ‘There Will Be No Default’

Divya Bharat May 25, 2023 ‘political drama’, borrowing cost, borrowing limit, credit default, crisis impact, debt burden, debt ceiling, default threat, Democratic minority leader, economic catastrophe, fake narrative, future spending, government debts, job abandonment, lawmakers break, lawsuit hearing, loan repayments, Memorial Day recess, military readiness, missed loan repayments, negotiation gap, Negotiations, pandemic aid, paying bills, recession risk, Republican Speaker, Social Security payments, spending cuts, tax increases, work requirements, world markets

US Debt Crisis: Biden Promises ‘There Will Be No Default’

Last Updated: May 26, 2023, 04:21 IST Washington D.C., United States of America (USA) House Speaker Kevin McCarthy of Calif.,

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US Debt Ceiling: No Deal Yet but Biden, McCarthy Say They’re Optimistic after Meeting

Divya Bharat May 23, 2023 14th Amendment, bipartisan agreement, borrowing limit, budget compromise, budget year cap, cash shortage, Compromise, COVID-19 funds, deadline, deal, debt ceiling, debt limit, default, defense spending, Democrats, disagreements, energy projects, federal default, federal regulations, hard-right flank, House Speaker Kevin McCarthy, IRS, Joe Biden, legislated into law, Medicaid, negotiation, nondefense spending, productive discussion, sensitive point, spending cuts, spending reductions, Treasury Secretary Janet Yellen, work requirements

US Debt Ceiling: No Deal Yet but Biden, McCarthy Say They’re Optimistic after Meeting

House Speaker Kevin McCarthy said he had a productive debt ceiling discussion with President Joe Biden late Monday at the

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US Dollar Gains After Retail Sales; Debt Ceiling in Focus

Divya Bharat May 16, 2023 April, borrowing costs, consumer spending, currency bid prices, dark clouds, data reports, deal, debt ceiling issue, debt ceiling news, directional impulse, dollar index, Euro, Federal Reserve, GDP growth projection, higher-for-longer, industrial production, inflation, Kevin McCarthy, market range, mid-June, President Joe Biden, rate futures market, rate hike, Republican House of Representatives Speaker, retail sales, Richmond Federal Reserve President, second quarter, spending cuts, sterling, u.s. dollar, yen

US Dollar Gains After Retail Sales; Debt Ceiling in Focus

The U.S. dollar rose on Tuesday after data showed retail sales in April were lower than expected but suggested a

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‘Chaos’ if US Fails to Raise Debt Ceiling, Warns Janet Yellen

Divya Bharat May 7, 2023 American households, borrowing limit, congress, constitutional interpretation, debt ceiling, debt obligations, Democratic majority, economic calamity, economic chaos, excessive spending, financial chaos, first-ever default, GDP decline, global financial system, good options, interest rates, Janet Yellen, Job loss, legislative passage, market impact, national borrowing limit, negotiation, Republican-led House, Republicans, Senate Appropriations Committee, spending cuts, spending priorities, Treasury measures, US lawmakers, US Treasury secretary

‘Chaos’ if US Fails to Raise Debt Ceiling, Warns Janet Yellen

Last Updated: May 08, 2023, 04:19 IST In January, Yellen sent a letter to congressional leaders, stating that her department

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Fed Raises Key Interest Rate to Highest Level in 16 Years, Signals Rate Hikes Pause

Divya Bharat May 3, 2023 auto loans, banking industry, benchmark rate, borrowing, borrowing limit, business loans, businesses, central bank, Christine Lagarde, consumer spending, Consumers, core inflation, credit card borrowing, debt limit, energy prices, European Central Bank, Federal Reserve, food costs, Gas prices, high inflation, inflation, inflation figures, interest rate, Janet Yellen, job market, lending, long-term bonds, manufacturing, mortgage rates, policy meeting, rate hikes, recession, rental costs, spending cuts, supply chain, Treasury Secretary, U.S. growth

Fed Raises Key Interest Rate to Highest Level in 16 Years, Signals Rate Hikes Pause

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to

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White House ‘Will Not Negotiate’ on Debt Ceiling Even as Default Risk Looms

Divya Bharat May 2, 2023 annual debt limit extensions, borrowing, congress, Congressional leaders, constitutional duty, COVID-19 pandemic, dangerous, debt ceiling, default, Democratic-led Senate, donald trump, economic chaos, federal budget, government, hard-right-wing faction, Janet Yellen, Joe Biden, Karine Jean-Pierre, Military, national debt, Negotiations, press secretary, Republicans, social programs, spending cuts, Treasury Secretary, unreasonable, us economy, vetoed, white house

White House ‘Will Not Negotiate’ on Debt Ceiling Even as Default Risk Looms

Last Updated: May 03, 2023, 01:56 IST Jean-Pierre said Biden was willing to discuss a separate process to address the

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