Tag: DebtLimit

Biden Signs Fiscal Responsibility Act, Ending Debt-Limit Crisis

Biden Signs Fiscal Responsibility Act, Ending Debt-Limit Crisis

President Biden signed the Fiscal Responsibility Act of 2023 into law on Saturday, ending for now the threat of economic calamity from a default on th [...]
Biden Signs Fiscal Responsibility Act, Ending Debt-Limit Crisis

Biden Signs Fiscal Responsibility Act, Ending Debt-Limit Crisis

President Biden signed the Fiscal Responsibility Act of 2023 into law on Saturday, ending for now the threat of economic calamity from a default on th [...]
The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast

The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast

The bipartisan deal to avert a government default this week featured modest cuts to a relatively small corner of the federal budget. As a curb on the [...]
McCarthy Emerges From Debt-Limit Fight With Victories, and Some Wounds

McCarthy Emerges From Debt-Limit Fight With Victories, and Some Wounds

When the debt limit fight began, it was widely assumed that Speaker Kevin McCarthy, untested and inexperienced in high-stakes negotiations, would eith [...]
Military Spending Emerges as Big Dispute in Debt-Limit Talks

Military Spending Emerges as Big Dispute in Debt-Limit Talks

Funding for the military has emerged as a key sticking point in reaching an agreement to raise the nation’s borrowing limit and prevent a catastrophic [...]
Quiet markets ahead of PMIs, awaiting a debt-limit deal

Quiet markets ahead of PMIs, awaiting a debt-limit deal

Tuesday is an important day for PMIs releases, as it will offer the first glimpse of global economic activity during May. During the Asian session, t [...]
Gold Fades but Upside Still Favored as Debt-Limit Talks Hit Crunch Time

Gold Fades but Upside Still Favored as Debt-Limit Talks Hit Crunch Time

GOLD PRICES FORECAST:Gold prices retreat on Monday, undercut by higher U.S. Treasury yieldsThe precious metal may reverse higher in the coming days if [...]
U.S. Debt-Limit Talks Are Stalling on These Issues

U.S. Debt-Limit Talks Are Stalling on These Issues

President Biden and Speaker Kevin McCarthy remain far apart on key issues in discussions over raising the nation’s borrowing limit and avoiding a dama [...]
How Past Debt Limit Crises Shaped Biden’s No-Negotiation Stance

How Past Debt Limit Crises Shaped Biden’s No-Negotiation Stance

As a debt limit crisis loomed in 2011, Vice President Joseph R. Biden Jr. described early negotiations with Republicans as civil, at one point suggest [...]
FX Daily: Debt-limit impasse giving dollar a lifeline

FX Daily: Debt-limit impasse giving dollar a lifeline

USD: CPI in focus as debt-limit impasse continuesThe impasse over the US debt ceiling increase is emerging as an increasingly short-term supporting [...]
House Democrats Move to Force a Debt-Limit Increase as Default Date Looms

House Democrats Move to Force a Debt-Limit Increase as Default Date Looms

The only clue to the gambit was in the title of the otherwise obscure hodgepodge of a bill: “The Breaking the Gridlock Act.”But the 45-page legislatio [...]
GOP’s debt-limit plan would gut Biden’s climate law. White House’s response: ‘Jobs’

GOP’s debt-limit plan would gut Biden’s climate law. White House’s response: ‘Jobs’

McCarthy is eyeing to pass his plan in the House next week, setting up a showdown with Democrats amid worries that the U.S. could default on its debt [...]
U.S. Debt-Limit Brinksmanship Has Become a Political Game

U.S. Debt-Limit Brinksmanship Has Become a Political Game

WASHINGTON — For nearly two decades, lawmakers in Washington have waged an escalating display of brinkmanship over the federal government’s ability [...]
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