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Articles in topic Debt Ceiling
Four Questions About the Biden-McCarthy Debt Ceiling Deal
There is no obvious question about the country’s fiscal future that the Republican Party’s current policies propose an answer to.
[ nytimes.com ] Federal Budget (US),Biden and McCarthy’s Debt Ceiling Deal Faces GOP Revolt in Congress
Growing Republican opposition threatened the compromise and Speaker Kevin McCarthy’s political standing as a key committee was poised to move it forward ahead of action on the House floor.
[ nytimes.com ] Federal Budget (US),Debt Ceiling Deal Would Reinstate Student Loan Payments
The legislation would prevent President Biden from issuing another last-minute extension on the payments beyond the end of the summer.
[ nytimes.com ] Student Loans,Debt Ceiling Deal Includes New Work Requirements for Food Stamps
The agreement will place additional work requirements on older Americans to receive food assistance, but will remove those barriers for veterans and homeless adults.
[ nytimes.com ] United States Politics and Government,With Debt Ceiling Deal in Hand, McCarthy and Biden Turn to Task of Selling It
With the right and the left up in arms about the agreement in principle reached by the president and the speaker, both sides started to make the case for its quick passage, a tall order in Congress.
[ nytimes.com ] United States Politics and Government,Debt Deal: Did Biden Find Reasonable Middle or Give Away Too Much?
The deal to raise the debt ceiling bolsters President Biden’s argument that he is committed to bipartisanship, but it comes at the cost of rankling many in his own party.
[ nytimes.com ] United States Politics and Government,As Debt Ceiling Talks Progress, Hard-Right Republicans Gird for ‘War’
Earlier, a top Republican negotiator said an agreement was “hours or days” away, as an ultraconservative group of lawmakers harshly criticized its emerging contours.
[ nytimes.com ] United States Politics and Government,Yellen Expects U.S. to Run Out of Cash by June 5 as Debt Talks Continue
The latest estimate comes as Republicans and the White House are trying to reach an agreement to raise the debt ceiling and avoid a crippling default.
[ nytimes.com ] United States Politics and Government,Inside the Debt Ceiling Negotiations on Capitol Hill
What day is it, anyway? As talks drag on, the situation is getting painful for everyone from the negotiators to the tourists on Capitol Hill.
[ nytimes.com ] United States Politics and Government,Time Is Running Out for Congress to Raise the Debt Ceiling
With a June 5 deadline looming, there is much to be done to prevent the default that leaders of both parties said would never happen.
[ nytimes.com ] United States Politics and Government,Debt Ceiling Crisis: How a Default Could Unfold
Here’s a look at what markets are expecting and planning for, and how a default might happen.
[ nytimes.com ] Banking and Financial Institutions,Will Lawmakers Sacrifice Our Health and Safety to Get a Debt Ceiling Deal?
A crucial part of the clean energy transition is swept up in the high-pressure negotiations happening in Washington.
[ nytimes.com ] Law and Legislation,Debt Ceiling Is First Big Test for Hakeem Jeffries, the Top House Democrat
Hakeem Jeffries, the New Yorker who succeeded Nancy Pelosi this year as the House’s top Democrat, is getting a trial by fire.
[ nytimes.com ] United States Politics and Government,White House and GOP Close In on Deal to Raise Debt Ceiling
The details had yet to be finalized, but negotiators were discussing a compromise that would allow Republicans to point to spending reductions and Democrats to say they had protected against large cuts.
[ nytimes.com ] United States Politics and Government,Potential Debt Ceiling Deal Would Barely Change Federal Spending Path
Negotiators have focused on a relatively small corner of the budget, shunning new revenues or cuts to the fastest-growing programs
[ nytimes.com ] Federal Budget (US),McCarthy Faces Balancing Act on Debt Ceiling Deal
With right-wing Republicans all but certain to oppose any bipartisan compromise, the speaker has a narrow path to push one through the closely divided House.
[ nytimes.com ] United States Politics and Government,Biden Administration Pushes to Save Key Covid Programs in Debt Ceiling Talks
The Biden administration has prioritized preserving a $5 billion vaccine development program in discussions with House Republicans on clawing back unspent Covid-19 funds.
[ nytimes.com ] Coronavirus (2019-nCoV),Liberals Are Persuading Themselves of a Debt Ceiling Plan That Won’t Work
The limit Congress imposes is dumb, but Biden can’t just wave it away.
[ nytimes.com ] United States Politics and Government,Biden and McCarthy Set to Resume Debt Ceiling Negotiations
Discussions aimed at avoiding a default have bogged down as Republicans press their demand for spending caps, work requirements for public benefit programs and other proposals in exchange.
[ nytimes.com ] United States Politics and Government,If Debt Ceiling Standoff Can’t Be Resolved, Both Parties Will Share the Blame
While each party tries to blame the other for the crisis, some acknowledge that they would both share responsibility for a default.
[ nytimes.com ] United States Politics and Government,