Frantic negotiations, late nights and no deal on America’s debt
But all of the talking has so far failed to produce a deal to raise the country’s debt limit, raising fears of a potentially catastrophic default that could upend financial markets.
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
Economic hit of U.S. debt deal may affect presidential races in 2024 and 2028
Multiyear spending cuts would weigh down a re-election campaign by U.S. President Joe Biden next year, and lifting them would bring a tailwind for whomever is president in years that follow.
Biden seeks to call McCarthy after debt-limit talks hit impasse
The president signaled over the weekend that he remains confident the U.S. government can avoid a catastrophic default.
U.S. on track for June 1 default without debt ceiling hike, Treasury says
In her second letter to Congress in two weeks, Treasury Secretary Janet Yellen confirmed that the agency will be unlikely to meet all U.S. government payment obligations by early June.
Pressure building ahead of deadline to avert catastrophic U.S. debt default
The U.S. is expected to reach a temporary agreement to increase the debt limit, allowing the government to continue borrowing money to fund its operations as negotiations continue.
U.S. House Republicans pass debt-ceiling hike, hoping to spur Biden to talks
The bill isn't expected to pass the Senate, but the mostly partisan 217-215 vote is a win for Republican House Speaker Kevin McCarthy on an issue that rattled investors and markets.
Trump rematch may be Biden’s best bet, polls show
Still, a majority of Americans remain unsure about the president’s accomplishments over the past two years and the economy remains a particular concern.
Democrats should cheer up about Biden’s bid for another four years
Voters have understandable hesitation about the Joe Biden’s age, but they ought to feel good about his accomplishments.
As Ron DeSantis stumbles, anti-Trump Republicans fear a rerun in 2024 campaign
While the party's nomination race is still in its early days, the angst among "Never Trumpers" is a sign the former president could be gaining momentum over Florida Gov. Ron DeSantis.
Trump’s charges bring doubts, hopes and uncertainty in both parties
To some Republicans and Democrats, the charges appeared flimsy and less consequential than many had hoped. To others, the case had the potential to reverberate politically.
A world with Putin and Trump in the dock
The recent indictments of Russian leader Vladimir Putin and former U.S. President Donald Trump highlight the law’s growing, and potentially dangerous, dominion in politics.
