debt limit

Markets react to U.S. Senate vote on debt ceiling deal

The U.S. Senate voted 63-36 to approve the debt ceiling deal forged by Joe Biden and U.S. House Speaker Kevin McCarthy. It previously passed the House by a 314-117 vote, with both Democrats and Republicans voting for it and opposing

Markets react to U.S. Senate vote on debt ceiling deal Read More »

All the House Republicans voting against Biden-McCarthy debt limit deal

Multiple House Republicans have announced that they will vote “no” on the budget deal brokered by Joe Biden and House Speaker Kevin McCarthy (R-CA) to avert a default on the country’s debt.  Some House Republicans have blasted the deal for

All the House Republicans voting against Biden-McCarthy debt limit deal Read More »

McCarthy says he has reached deal ‘in principle’ with Biden on debt ceiling

On Saturday at 9:00 p.m. Eastern Time, U.S. House Speaker Kevin McCarthy announced he had reached an agreement in “principle” with Joe Biden on the debt ceiling.  “I just got off the phone with [Joe Biden] a bit ago. After

McCarthy says he has reached deal ‘in principle’ with Biden on debt ceiling Read More »

Biden’s Treasury secretary announces when U.S. will run out of cash

On Friday, Joe Biden’s U.S. Department of the Treasury Secretary Janet Yellen announced the date when America will run out of cash unless Congress reaches an agreement on the debt ceiling. “Since January, I have highlighted to you the risk

Biden’s Treasury secretary announces when U.S. will run out of cash Read More »

Biden blinks, asks McCarthy to negotiate debt limit after stonewalling

After days of tension, Joe Biden finally asked House Speaker Kevin McCarthy (R-CA) to negotiate the debt limit during a May 9. The move contradicted the White House’s previous position of not budging. White House press secretary Karine Jean-Pierre said

Biden blinks, asks McCarthy to negotiate debt limit after stonewalling Read More »

Scroll to Top