• NPR

    Politics chat: The winners and losers in the debt ceiling negotiations

    With the US debt ceiling raised and a government default narrowly avoided, we look at who the political victors were in this fight.

  • Political winners and losers from the debt ceiling drama

    Congress has sent legislation to raise the debt ceiling to President Biden, ending a months-long saga that brought the U.S. days away from a possible default. The legislation was the product of months of gamesmanship between Biden and Speaker Kevin McCarthy (R-Calif.), culminated by furious negotiations and an aggressive effort by leaders in both parties to

    • NPR

    Week in politics: Debt ceiling deal; Republican presidential candidates

    The debt ceiling crisis averted, and the Republican presidential field expands - we break down another busy week in politics.

  • How Manchin and Sinema quietly influenced debt ceiling negotiations: report

    On Thursday night, June 1, economists all over the world breathed a huge sigh of relief when the U.S. Senate, in a 63-36 vote, passed a bill raising the country's debt ceiling. The bill, which had passed 314-117 in the U.S. House of Representatives on May 31, has been sent to President Joe Biden to be signed into law.U.S. Treasury Secretary Janet Yellen had been sounding the alarm and warning that the United States would begin to default on its debt obligations as soon as Monday, June 5 — a...

  • How Manchin and Sinema quietly influenced debt ceiling negotiations: report

    On Thursday night, June 1, economists all over the world breathed a huge sigh of relief when the U.S. Senate, in a 63-36 vote, passed a bill raising the country's debt ceiling. The bill, which had passed 314-117 in the U.S. House of Representatives on May 31, has been sent to President Joe Biden to be signed into law.U.S. Treasury Secretary Janet Yellen had been sounding the alarm and warning that the United States would begin to default on its debt obligations as soon as Monday, June 5 — a...

  • Lead GOP Negotiator On Debt Ceiling: Defends Deal Against Critics

    Republican U.S. Representative Patrick McHenry said on the Guy Benson show today that more than half of Republicans in the House of Representatives will support the debt ceiling bill. The chair of the House Committee on Financial Services also said he had no doubt the bill will pass the House and defends the bill against critics. Listen Below:

  • Joe Biden Won the Debt Ceiling Negotiation but Lost the War

    The good news about the agreement on the debt ceiling President Joe Biden and House Speaker Kevin McCarthy struck is that it’s probably the best deal Democrats could have gotten. Biden can sell his party on the fact that the deal falls far short of the draconian demands made by the GOP’s right flank—who had previously been running the show and are now incensed at being left behind. Democrats had spent much of the debt negotiations on their back foot; now Republicans are in disarray. Similarly,...

  • Biden Signs Debt Ceiling Bill, Ending Monthslong Political Battle

    Biden Signs Debt Ceiling Bill, Ending Monthslong Political Battle Authored by Lawrence Wilson via The Epoch Times, President Joe Biden signed the Fiscal Responsibility Act on Saturday, suspending the debt ceiling for 19 months and bringing a monthslong political battle to a close. The compromise legislation negotiated by Biden and House Speaker Kevin McCarthy (R-Calif.) passed both houses of Congress with bipartisan support this week, averting a potential default on the nation’s...

  • How the debt ceiling became a game of political chicken that continues to threaten our economy

    The century-old debt ceiling has become a tool for both parties to risk default to get the spending they want.

  • US political leaders push for lawmakers’ support on debt ceiling deal

    Some members of Congress question if they received enough concessions in Biden and McCarthy’s agreementUS political leaders appeared bullish on Monday that they can sell a bipartisan compromise debt ceiling deal to enough mainstream lawmakers – overcoming boisterous criticism from left and right – urgently enough to avert a first-ever national default on the $31.4tn the US owes creditors.Despite a lot of diplomacy and even arm-twisting still to come on Capitol Hill in the next few days, Joe...

    • CNN

    Live updates: Debt ceiling negotiations continue as default deadline looms

    Treasury Secretary Janet Yellen reinforced her warning to Congress on Monday that it has only a little time left to address the debt ceiling to avoid the country's first-ever default. Follow here for live updates.

  • Biden ‘optimistic’ on debt ceiling as White House negotiation with McCarthy underway

    President Joe Biden and House Speaker Kevin McCarthy are meeting at the White House on the impasse over the government's debt ceiling. Washington is racing to strike a budget compromise and raise the nation’s borrowing limit in time to avert a potentially devastating federal default as soon as next week. Biden says he's optimisitic. McCarthy told reporters Monday it's time to “get moving” toward a deal. The negotiating teams wrapped up three hours of morning talks at the Capitol. After a weekend...