US Treasury used over 90% of debt-cap special measures
The US Treasury had just $33 billion of extraordinary measures left to help keep the government’s bills paid as of May 31, the department said in a statement Friday.
Source: livemint.com
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Debt ceiling deal: What are the next steps to pass the agreement into law? - National
The agreement includes spending cuts demanded by Republicans, but it is short of the reductions in the sweeping legislation passed by the Republican-led House last month.
Source: globalnews.ca
Debt ceiling deal: What are the next steps to pass the agreement into law?
The agreement includes spending cuts demanded by Republicans, but it is short of the reductions in the sweeping legislation passed by the Republican-led House last month.
Source: q107.com
Biden, McCarthy narrow in on budget deal to lift debt ceiling - National
The White House has offered to freeze next year’s 2024 spending at current levels and restrict 2025 spending, but the Republican leader says that’s not enough.
Source: globalnews.ca
White House, Republicans to meet as U.S. debt ceiling deadline looms - National
With just over a week left before the deadline, Joe Biden and House of Representatives Speaker Kevin McCarthy remain deeply divided on how to move forward.
Source: globalnews.ca