StoryGraph Biggest Story 2023-05-09 -- the debt ceiling (11), the debt limit (9), president joe biden (7), raising debt (6), congressional leaders (6)
What you need to know about the debt ceiling crisis
The debt ceiling, also called the debt limit, is a cap on the total amount of money that the United States can borrow to fund the federal government.
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How the 14th Amendment could solve the debt crisis
A clause in the 14th Amendment is being cautiously considered as a possible emergency fix as the U.S. economy hurtles toward the looming threat of default. The U.S. passed its borrowing limit earli…
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What everyone wants going into Tuesday’s big debt ceiling showdown
Where Democrats and Republicans stand ahead of a major meeting at the White House.
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Biden’s "no negotiations" stance on the debt limit is increasingly untenable
Here’s his most plausible path forward.
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McCarthy shoots down short-term debt ceiling hike
Speaker Kevin McCarthy (R-Calif.) on Tuesday shot down the idea of utilizing a short-term debt ceiling hike to prevent a government default. Just hours before McCarthy is scheduled to meet with Pre…
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Opinion | How Biden can unmask Kevin McCarthy with one simple question
If we’re playing along with Republicans’ fiction that this is a real negotiation, then both sides should be able to get something.
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Ron Johnson calls out debt ceiling dilemma as 'phony crisis' easily solved by House bill
EXCLUSIVE — Ahead of President Joe Biden's meeting with House Speaker Kevin McCarthy (R-CA) amid the looming June deadline to raise the debt ceiling, Sen. Ron Johnson (R-WI) slammed the dilemma as a "phony crisis."
White House says Biden will be clear about one thing in debt limit meeting
The White House laid out its views on the debt ceiling just hours before a crucial meeting on the matter.
Biden and McCarthy Reach No Consensus as a Possible Default Looms
In their first meeting in three months, the president and House speaker remained at loggerheads over the debt ceiling and spending cuts. But they agreed to meet again.
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How Wall Street is Preparing for a Debt Ceiling Showdown
Stocks aren’t showing signs of panic about the government’s ability to pay its bills, but there is anxiety creeping into other markets.
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Here's who misses checks if the U.S. hits the debt brink in June
In the event of a default, the Treasury Department would have to figure out how to keep paying out tens of billions of dollars in Social Security benefits, federal salaries and more.
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