Rand Paul rips Biden-McCarthy debt deal: 'Nothing conservative' about it
Sen. Rand Paul, R-Ky., shares his alternative plan to the Biden-McCarthy debt limit deal on "Mornings with Maria" as the bill heads to the Senate.
What the debt ceiling deal could mean for student loan borrowers
Under the student loan deal negotiated by President Biden and House Speaker Kevin McCarthy, the federal student loan payment pause will end in August.
How does bipartisan budget, debt limit deal impact spending, deficit?
Congress is taking up the Fiscal Responsibility Act, which would reduce federal budget deficits by $1.5 trillion over 10 years, with most of the savings coming from spending caps.
Debt ceiling deal includes new work requirements for SNAP: How they work
The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.
Biden, McCarthy debt ceiling deal claws back $21B in funding from IRS
The bipartisan deal reached by President Biden and House Speaker Kevin McCarthy to raise the debt ceiling rescinds more than $21 billion in funding from the IRS.
GOP lawmaker warns China ‘on the march’: The likes of which have ‘never’ been seen
Rep. Michael Waltz, R-Fla., urges Biden and House Speaker McCarthy not to falter on the country's obligations in an effort to pass the debt bill.
Bipartisan budget deal will leave new Congress, possible new president facing renewed budget debate
The bipartisan budget deal between President Biden and House Republicans will raise the debt limit until January 2025, when a new Congress and possible new president will take office.
Treasury auction signals possible leeway on June 1 debt ceiling deadline
The Treasury Department announced auctions for short-term Treasury bills will proceed next week in a sign the government may have additional time to raise the debt limit after June 1.
Will the US actually default on its debt? JPMorgan warns the odds are rising
The odds of the U.S. government defaulting on its debt are rising as Washington negotiators struggle to strike a deal, according to JPMorgan analysts.
Stuart Varney sounds alarm over Fitch credit rating warning amid debt negotiations: 'Not good'
FOX Business' Stuart Varney discusses the Democrats' spending habits as default and downgrade fears puts U.S. on notice
Fitch places US AAA credit rating on negative watch, citing increased political partisanship
Fitch Ratings put the United States' AAA credit rating on negative watch, citing brinksmanship and increased partisanship over raising or suspending debt ceiling.
GOP senator warns Americans: 'Retirement is now in jeopardy'
Sen. Mike Braun, R-Ind., explains how Democrats' excessive spending and debt ceiling stalemate means Americans' retirements are "now in jeopardy" by not producing the best return.
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.
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."
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.
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."
Treasury’s budget numbers show Biden’s using scare tactics. There’s no risk of default
Biden has been crying wolf with warnings about budget defaults. Treasury still has the ability to prioritize its payments, so that’s not a realistic danger.
Biden says Republicans are 'holding the economy hostage' in wake of debt limit meeting
President Biden slammed Republicans for "holding the economy hostage" by insisting on spending cuts as part of a bipartisan compromise to raise the national debt and avoid default.
Biden calls debt ceiling meeting with McCarthy, congressional leaders 'productive': 'Default is not an option'
President Biden said that a meeting between congressional leaders on the debt ceiling was "productive," and said that the United States will not default.
The Mattress Futures Index: Is the US really going to default on its debt?
There is no barometer to gauge whether the U.S. will collide with the debt ceiling, however the "Mattress Futures Index" could be a good jumping off point.