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Tuesday, January 21, 2025

CATEGORY

Budget

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.

How a Default Could Unfold

Here’s a look at what markets are expecting and planning for, and how a default might happen.

The Ticking Clock of a U.S. Debt Default

Time is running out for Congress to raise the debt limit. What are the prospects of a compromise in the negotiations?

The Bad, the Weak and the Ugly of U.S. Debt

Biden must do something. There are no riskless options.

Military Spending Emerges as Big Dispute in Debt-Limit Talks

President Biden has offered to freeze discretionary spending, including for defense. Republicans want to spend more for the military, and cut more elsewhere.

Republicans Report Progress in Debt Limit Talks as Negotiations Continue

Negotiators reconvened on Thursday after working through the night to strike a deal, as hard-right Republicans and some Democrats expressed concerns about the shape...

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

The Civil War’s Lessons for Avoiding Default

President Lincoln and Republicans in Congress recognized that preserving America’s credit was the key to financing the Civil War, and therefore to the government’s...

U.S. Faces ‘Elevated Risk’ of Default in Early June, a New Report Warns

The Bipartisan Policy Center said the government will be operating on “dangerously low” cash reserves after Memorial Day in its estimate of the so-called...

U.S. Faces ‘Elevated Risk’ of Default in Early June, a New Report Warns

The Bipartisan Policy Center said the government will be operating on “dangerously low” cash reserves after Memorial Day in its estimate of the so-called...

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