WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...
WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
We are a month into a costly government shutdown, which is on track to become one of the longest in history. The debt ceiling has been used previously as a political weapon by both parties to gain ...
For someone who hates debt, Rep. Tim Burchett made a remarkable acknowledgment after voting this month for a massive bill that included a $5 trillion hike to the nation’s credit card limit. “I feel ...
The One Big Beautiful Bill Act raises the debt ceiling by $5 trillion, averting a 2025 debt crisis and enabling continued government funding. Treasury will prioritize short-term Treasury Bill issuance ...
Debt ceiling uncertainty may affect crude oil market price through multiple channels simultaneously, e.g. enterprise production, investor sentiment (SENT), and government shutdown. More specifically, ...