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US House votes to avert default, setting up Senate showdown - World - Vimarsana News

US House votes to avert default, setting up Senate showdown - World

WASHINGTON: US lawmakers voted Wednesday to raise the national borrowing limit as a crucial first step to averting a...

Debt ceiling fight tests Jeffries friendship with McCarthy - Vimarsana News

Debt ceiling fight tests Jeffries friendship with McCarthy

When Hakeem Jeffries (D-NY) became the top Democrat in the House, he committed to getting along with Speaker Kevin McCarthy (R-CA) better than his predecessor.

Global markets on edge as US debt ceiling impasse persists - Vimarsana News

Global markets on edge as US debt ceiling impasse persists

Talks between President Joe Biden and House Speaker Kevin McCarthy have yet to result in a deal as deadline looms

US President Joe Biden and House Speaker Kevin McCarthy debt talk ends with optimism, but without a deal - Vimarsana News

US President Joe Biden and House Speaker Kevin McCarthy debt talk ends with optimism, but without a deal

President Joe Biden and House Speaker Kevin McCarthy engaged in another round of talks on Monday night to address the looming debt limit issue, but the deal remains elusive.

A look at what programs could be affected if the US defaults on its loans - Vimarsana News

A look at what programs could be affected if the US defaults on its loans

The United States could face an economic crisis in June if Congress fails to raise the debt ceiling before the deadline, which would affect many U.S. households and government programs.