The Latest on Debt Ceiling Negotiations

Aides for both the White House and congressional leadership are preparing for another round of discussions on government spending and the debt ceiling ahead of the next leadership level meeting tomorrow.

Continue reading “The Latest on Debt Ceiling Negotiations”

Treasury: U.S. Could Default by June 1 Absent Debt Ceiling Hike

The Treasury Department released its highly-anticipated update on the “X date” late yesterday amid stalled talks on a debt ceiling hike between President Joe Biden and House Speaker Kevin McCarthy (R-CA).

Continue reading “Treasury: U.S. Could Default by June 1 Absent Debt Ceiling Hike”