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[ad_1] Does anyone want to be president? Typically, by the time a president delivers the State of the Union address at the start of his third...
[ad_1] CNN — House Speaker Kevin McCarthy did not walk away from his highly anticipated White House meeting on Wednesday with an agreement in hand to...
[ad_1] Speaker McCarthy says he wants to find a “reasonable and responsible” way to lift debt ceiling – CBS News Watch CBS News The Speaker of...
[ad_1] CNN — President Joe Biden and House Speaker Kevin McCarthy will meet Wednesday, a White House official confirmed, the first such gathering since the California...
[ad_1] President Joe Biden has already made the most important domestic-policy decision he’ll likely face this year. Biden and his top advisers have repeatedly indicated that...
[ad_1] Early this summer, the federal government will, in all likelihood, exhaust the “extraordinary measures” it is now employing to keep paying the nation’s bills. As...
[ad_1] CNN — Treasury Secretary Janet Yellen is taking another step to temporarily delay the US defaulting on its debt. Less than a week after announcing...
[ad_1] Washington CNN — Since winning a difficult battle to become speaker of the House of Representatives, Republican Kevin McCarthy has made public claims that are...
[ad_1] Washington CNN — Democratic Sen. Joe Manchin of West Virginia said Sunday that it’s a “mistake” for the White House to want Democrats to deal...
[ad_1] Minneapolis CNN — After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary measures” to keep paying the...
[ad_1] A political battle is brewing on Capitol Hill with potentially dire economic consequences looming after the U.S. hit the debt limit on Thursday. Lawmakers must...
[ad_1] Biden to meet with House Speaker Kevin McCarthy to discuss debt ceiling standoff – CBS News Watch CBS News House Speaker Kevin McCarthy said Friday...
[ad_1] Biden, McCarthy to have debt limit meeting Biden to meet with House Speaker Kevin McCarthy to discuss debt ceiling standoff 04:38 House Speaker Kevin McCarthy...
[ad_1] CNN — Treasury Secretary Janet Yellen on Friday warned of the widespread global effects that could be felt if the federal government exhausts extraordinary measures...
[ad_1] The U.S. will not default on its debt obligations this year, says GOP Congressman Patrick McHenry, chairman of the House Financial Services Committee; he is...
[ad_1] 1/19: Red and Blue – CBS News Watch CBS News White House and Republicans at odds over debt ceiling solutions; Supreme Court’s investigation into leaked...
[ad_1] The U.S. Treasury Department could drain emergency resources to cover the federal government’s financial obligations by the beginning of July, potentially setting off an unprecedented...
[ad_1] The so-called debt ceiling — the amount the U.S. government can borrow to honor its spending obligations — may seem like an abstract political issue...
[ad_1] The U.S. on Thursday hit the limit on the amount of debt the federal government can issue to honor its financial obligations, also known as...
[ad_1] How the debt ceiling impacts Americans – CBS News Watch CBS News CBS News business analyst Jill Schlesinger joins “CBS Mornings” to discuss the U.S....