Stay updated with breaking news from Ex Date. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
If the US treasury hits the debt ceiling and prioritises debt repayments, it will be forced to halt spending on federal programmes such as social security, Medicare, and Medicaid, which offer critical financial assistance to tens of millions of Americans
Recess has been met with grumbling among Democrats, who argue lawmakers should stay in Washington, D.C., to get an agreement across the finish line.
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.
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.
Stock breadth deteriorates as equal versus cap-weighted S&P ratio falls to lowest levels since early 2022 Treasury cash balance rises to $68.3 billion