Treasury to run low on cash by June 8 or 9 unless debt limit raised: Goldman Sachs
A pair of Goldman Sachs economists wrote that the Treasury is likely to run out of the funding needed to pay federal bills by June 8 or 9, although cash could run low sooner.
Yellen says odds of US paying all its bills by June 15 is ‘quite low’ as debt ceiling deadline looms
With Republicans and Democrats at a standstill on the debt ceiling, Treasury Secretary Janet Yellen said June 1 is a hard deadline for a deal.
House Republicans fear Biden’s executive order boosting labor unions will increase construction costs
Republicans are concerned Biden's executive order boosting labor unions may increase construction costs for federal projects
US needs to be 'very careful, tread water' when dealing with China: Rep. Nancy Mace
Rep. Nancy Mace, R-S.C., gives the latest update on debt ceiling negotiations, reacts to the full release of the Durham report and rising China tensions.
Sen. Josh Hawley calls for 'tough tariffs' on Chinese trade, economy
Sen. Josh Hawley, R-Mo., discusses the trade war with China and Democrats' 'ideological commitment.'
Democrats' debt ceiling petition 'not going anywhere': Rep. Andy Ogles
Rep. Andy Ogles, R-Tenn., says Republican's Limit, Save, Grow Act is a 'responsible' debt ceiling solution.
Lawmakers sound alarm as US national debt clock ticks: ‘Catastrophic'
Democrat and Republican House reps. explain how defaulting on U.S. debt will create a "catastrophe" for real estate, housing and "so many different markets."
Lawmakers answer whether debt ceiling will be catastrophic for housing market
Fox News Digital spoke with Republicans and Democrats outside Capitol Hill on Thursday to discuss a debt default’s impact on the U.S. real estate market.
Democratic senator proposes new federal agency to regulate AI
Colorado Sen. Michael Bennet proposed to create a Federal Digital Platform Commission having broad powers to regulate social media and digital content platforms.
Why Wall Street’s spooked about debt default risk
The chances of the U.S. defaulting on its debt are low, but experts are warning that financial markets and the economy are still facing a wall of worry as lawmakers duke it out.
Kellyanne Conway on Durham report revelations: ‘Too little too late’
Fox News contributor Kellyanne Conway responds to the Durham report and discusses the 2024 election on ‘Mornings with Maria.’
Debt negotiations are becoming a 'game of chicken,' says Rep. Scott Fitzgerald
Rep. Scott Fitzgerald, R-Wis., discusses the debt negotiations, Rep. Anna Paulina Luna's call for Rep. Adam Schiff's expulsion from Congress, and the border apprehensions.
Biden 'demonstrated his priorities by flying abroad rather than addressing American issues': Rep. Cory Mills
Rep. Cory Mills, R-Fla., discusses President Biden's trip abroad for the G-7 summit, government spending and the negotiations over the debt ceiling.
Larry Kudlow on debt negotiations: McCarthy 10, Biden 0
‘Kudlow’ host Larry Kudlow discusses debt negotiations between House Republicans and the Biden administration as Treasury Secretary Yellen’s deadline approaches.
GOP rips Biden as he heads to Japan during debt ceiling talks
House and Senate Republicans blasted President Biden on Wednesday for leaving the country for Japan in the middle of debt ceiling talks that have not lead to a deal yet.
Kevin McCarthy doubles down on GOP's debt ceiling stance: 'I never give up'
House Speaker Kevin McCarthy, R-Calif., says the Biden administration has agreed to a new debt ceiling negotiation structure and emphasized Republicans "don't want to have a Biden default."
Even without default, the debt crisis is creating 'a lot of damage': Tomas Philipson
Freedomworks economist Steve Moore and former White House Council of Economic Advisors acting chair Tomas Philipson dissect negotiations between Congress and the White House over the debt ceiling.
Rep. Kevin McCarthy on concerns surrounding a debt ceiling deal: 'I don't want to have a Biden default'
House Speaker Kevin McCarthy, R-Calif., discusses where Republicans stand on debt ceiling negotiations as a default looms, and weighs in on the future of A.I. regulations.
Debt trajectory is ‘not sustainable’: Rep. Mike Johnson
Rep. Mike Johnson, R-La., weighs in on the debt threat and reacts to the IRS whistleblower accusing the DOJ of illegal retaliation.
Biden has to acknowledge common ground on debt talks and do the right thing: Rep. Max Miller
Rep. Max Miller R-Ohio, discusses talks held between House Speaker McCarthy and President Biden over the debt limit and reacts to the release of the Durham report.