Debt ceiling: McCarthy says 'no progress' ahead of talks Tuesday with Biden
WASHINGTON (AP) — House Speaker Kevin McCarthy said Monday there's been “no...
Source: darientimes.com
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IMF: US Debt Default Would Have 'Very Serious Repercussions'
The International Monetary Fund warns of severe consequences if the US defaults on its debt, urging urgent resolution. Republicans and Democrats remain divided over the borrowing limit.
Source: news18.com
Twelve Years of Being the Most Responsible Guy in the Room
On today’s X-Date, the seeds for what is now a negotiation over how much of the budget to cut were sown during Obama’s ‘grand bargain’ phase.
Source: prospect.org
Business Highlights: Resilient US jobs market, Wall St rally
Business Highlights: A summary of the day’s top stories in the business world.
Source: ctpost.com
How to Solve the Debt Ceiling Standoff? Sue Janet Yellen.
A bondholder could simply allege that America failing to pay off its debts is unconstitutional. There’s a good argument for that.
Source: prospect.org