Debt Archives

Social Security supporters attend a rally in the Dirksen Senate Office Building on Capitol Hill.

News

Social Security update: How debt ceiling could affect monthly benefit payments

Misty Severi -

May 16, 2023 4:37 pm

News

Work requirements for benefit programs become red line in debt ceiling talks

Samantha-Jo Roth -

May 16, 2023 3:57 pm

Treasury Secretary Janet YellenÂ takes questions from journalists during a press conference, at the G7 meeting of Finance Ministers and Central Bank Governors, at Toki Messe in Niigata, Japan, Thursday, May 11, 2023. Yellen had informed Congress that the U.S. would reach its $31.4 trillion statutory spending limit in January. Since then, she has deployed âextraordinary measures

News

Debt ceiling: Yellen says default would cause ‘widespread suffering’

Zach Halaschak -

May 16, 2023 2:26 pm

Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington, Wednesday, July 2, 2014. Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system. (AP Photo/Susan Walsh)

Senate

Yellen sticks to June 1 debt ceiling deadline in new letter to congressional leaders

Samantha-Jo Roth -

May 15, 2023 9:13 pm

The average household owes a record $8,600, which is more than the peak during the recession. (AP Photo/Keith Srakocic)

Business

Credit card debt surprisingly high at nearly $1 trillion in first quarter

Zach Halaschak -

May 15, 2023 4:29 pm

Economy

How the Treasury is scrambling to stop default — or mitigate its fallout

Zach Halaschak -

May 11, 2023 9:00 am

News

WATCH LIVE: Kevin McCarthy delivers remarks following White House debt ceiling meeting

Asher Notheis -

May 9, 2023 8:09 pm

The United States Capitol building, east facade, at dawn is seen in this general view , Monday, Jan. 27, 2020, in Washington, DC. A new financial audit finds that the city is awash with people earning six-figure incomes.

News

How the dominoes will fall if the worst happens with the debt ceiling

Zach Halaschak -

May 9, 2023 9:30 am

News

Top lawmakers voice opposition to short-term debt limit deal

Ryan King -

May 7, 2023 7:14 pm

News

Rick Scott calls for greater Senate GOP involvement in debt ceiling fight

Samantha-Jo Roth -

May 5, 2023 12:05 am

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Tag: Debt

Work requirements for benefit programs become red line in debt ceiling talks

Debt ceiling: Yellen says default would cause ‘widespread suffering’

Yellen sticks to June 1 debt ceiling deadline in new letter to congressional leaders

Credit card debt surprisingly high at nearly $1 trillion in first quarter

How the Treasury is scrambling to stop default — or mitigate its fallout

WATCH LIVE: Kevin McCarthy delivers remarks following White House debt ceiling meeting

How the dominoes will fall if the worst happens with the debt ceiling

Top lawmakers voice opposition to short-term debt limit deal

Rick Scott calls for greater Senate GOP involvement in debt ceiling fight

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