Debt Ceiling Update News Today

There was a US debt ceiling update Sunday. President Joe Biden and the GOP have reached an "agreement in principle."

Lawmakers in Washington have less than a week to reach a deal on the debt ceiling before the country runs out of money to pay its bills.

After several months of negotiations, President Biden's Build Back Better Plan is unlikely to meet the original goal of receiving approval by Christmas. The delay of the legislation could have...

The federal government was in danger of a U.S. default on its debt until Thursday, Dec. 16, when President Joe Biden signed a law to raise the debt ceiling. The legislation increases the government's...

Note: this article has been updated upon response from Senate Democrats. In a last-minute move just moments before the Senate was set to vote on the debt ceiling, Senate Minority Leader Mitch...

this year. there you can see him. its an extraordinary turn-around in the fortunes of hosni mubarak, from long-time iron-fisted ruler to inform, elderly defendant. he faces the death penalty if found guilty. cnns mohammed jamjoom is in cairo and he joins us. what can you tell us about these developments? >> reporter: we cant stress enough just how historic this is. its unprecedented a ruler like hosni mubarak, the deposed leader of egypt would be in that courtroom wearing a prisoners u...