Biden and McCarthy are projecting optimism, but there's still no debt limit deal
The clock is ticking for President Joe Biden and House Speaker Kevin McCarthy to come to agreement to avoid a first-ever default on the nation's debt. And although there are some positive signs suggesting they're closer to a consensus, there is still no deal.
2023-05-23 17:27
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:17
Get up to speed on the US debt drama
House Republicans are insisting on spending cuts before they will agree to raise the nation's debt ceiling past $31 trillion.
2023-05-22 19:54
Fresh round of debt ceiling talks kick off as US default worries grow
WASHINGTON U.S. President Joe Biden and House Republican Speaker Kevin McCarthy plan to meet over the debt ceiling
2023-05-22 18:28
Debt limit deal remains out of reach as McCarthy and Biden plan to meet again
The countdown is on, the stakes are high -- and there is still no debt limit deal.
2023-05-22 17:27
US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:23
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
The president flies home from the G7 summit amid hopes of a deal with top Republican Kevin McCarthy.
2023-05-22 02:24
Yellen says June 1 is 'hard deadline' for raising debt ceiling
WASHINGTON U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the
2023-05-21 21:54
Biden says won't agree to bipartisan deal on debt solely on Republicans' terms
HIROSHIMA, Japan U.S. President Joe Biden on Sunday said he would not agree to a deal with Republicans
2023-05-21 18:18
Biden asks aides to arrange call with McCarthy as debt ceiling talks appear stalled
President Joe Biden has asked to speak with House Speaker Kevin McCarthy once his meetings conclude in Japan, in hopes of helping to put negotiations to raise the US debt ceiling -- which have appeared mostly stalled since Friday -- back on track.
2023-05-21 17:54
Biden, House Speaker McCarthy could speak Sunday on debt limit
By Trevor Hunnicutt HIROSHIMA, Japan U.S. President Joe Biden and top congressional Republican Kevin McCarthy could speak as
2023-05-21 11:19
Washington quiet as debt ceiling deadline inches closer
WASHINGTON White House and Republican congressional negotiators on raising the federal $31.4 trillion debt ceiling were quiet on
2023-05-20 21:57