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[ad_1] The U.S. may be only a matter of weeks from defaulting on its debt, an unprecedented scenario that government officials have variously described as “unthinkable” and...
[ad_1] Biden, McCarthy postpone debt limit meeting to next week – CBS News Watch CBS News President Biden and top Republicans are postponing a planned White...
[ad_1] Time is running out to avoid the “X date,” the fiscal limit when the U.S. will run out of money to pay its bills unless...
[ad_1] Former President Donald Trump disparaged writer E. Jean Carroll in a CNN town hall Wednesday night, one day after a federal jury in New York...
[ad_1] Political brinkmanship over raising the U.S. debt ceiling risks “serious economic costs” even without the “catastrophe” of a default, Treasury Secretary Janet Yellen warned Thursday...
[ad_1] As President Joe Biden and congressional leaders are in a high-stakes standoff over the debt limit, experts sound warn it would be catastrophic if leaders...
[ad_1] Where can Democrats, Republicans compromise on debt ceiling? – CBS News Watch CBS News President Biden hosted top congressional leaders at the White House Tuesday...
[ad_1] Washington CNN — President Joe Biden and top congressional leadership will meet again on Friday after they emerged from their hour-long meeting in the Oval...
[ad_1] WASHINGTON — President Joe Biden on Tuesday repeated his warning to Republicans not to hold the nation’s economy hostage to their budget-cutting demands, this time...
[ad_1] Attorneys representing a federal government employees’ union sued Treasury Secretary Janet Yellen over the constitutionality of the debt limit, which caps the amount the federal...
[ad_1] 5/8: Prime Time with John Dickerson – CBS News Watch CBS News John Dickerson reports on a mass shooting in Texas, a preview of President...
[ad_1] Wall Street investors are already taking evasive action to protect themselves against what would be an unprecedented economic shock: America defaulting on its debt for...
[ad_1] Sen. Bill Cassidy discusses what can be done to prevent more mass shootings – CBS News Watch CBS News Sen. Bill Cassidy joins “CBS Mornings”...
[ad_1] Sen. Bill Cassidy discusses mass shootings, debt ceiling and immigration policy – CBS News Watch CBS News Sen. Bill Cassidy joins “CBS Mornings” to discuss...
[ad_1] Rep. Patrick McHenry says there are no “red lines” in debt ceiling negotiations – CBS News Watch CBS News Treasury Secretary Janet Yellen said last...
[ad_1] On its surface, the unfolding debt-ceiling crisis looks a lot like the confrontation in 2011 between congressional Republicans and then-President Barack Obama. Once again, a...
[ad_1] Gloria Larkin is frustrated. She’s worried Congress is about to hurt small business owners like her and her clients if they cannot reach a deal...
[ad_1] Fed hikes interest rates again, issues warning about debt ceiling – CBS News Watch CBS News The Federal Reserve raised its key interest rate another...
[ad_1] CNN — The US could default on its obligations as soon as June 1 if Congress doesn’t address the debt limit before then, Treasury Secretary...
[ad_1] Treasury Secretary Janet Yellen said Monday the U.S. government might not be able to pay its bills as early as June 1 if Congress does...