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Debt limit: GOP pushes back on CBO finding that deal would expand food stamp spending - Vimarsana News

Debt limit: GOP pushes back on CBO finding that deal would expand food stamp spending

An analysis that the debt limit deal would expand food stamp spending is solidifying opposition to the bill among some conservative Republicans.

Yields on June Treasury bills rise to 7%, signaling investor fear over debt ceiling - Vimarsana News

Yields on June Treasury bills rise to 7%, signaling investor fear over debt ceiling

The standoff over the debt ceiling is raising the prospect of default and sending yields on certain Treasury bills soaring.

Treasury reportedly making plans for payments in case of debt ceiling breach - Vimarsana News

Treasury reportedly making plans for payments in case of debt ceiling breach

The Treasury Department is reportedly preparing a contingency plan for prioritizing payments on the government's obligations if stalled negotiations end up with the U.S. breaching its debt ceiling.

Political and market pressure increases to raise debt ceiling - Vimarsana News

Political and market pressure increases to raise debt ceiling

Even as the deadline to act inches closer, political pressure and the political fallout of a default means that lawmakers will likely come to a debt ceiling agreement before the worst happens.