📰 Federal Default News
Federal Default News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Federal Default. Real-time updates on events, politics, business and more.
May 31, 2023
The 99-page bill produced from their agreement would avoid a federal default while limiting government spending, but the two leaders still have to persuade Congress to pass the bill
May 23, 2023
House Speaker Kevin McCarthy and President Joe Biden engage in productive discussions on the debt ceiling, as Washington faces a looming deadline.
May 23, 2023
President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nations borrowing limit in time to avert a potentially chaotic federal default.
January 19, 2023
The United States hit its debt limit, beginning a countdown for the Treasury to miss paying a bill and raising fears of a default.