Debt

Updated ET, Sat ,

The clock is now ticking on the nation's debt ceiling drama. The US is expected to hit its borrowing cap as soon as Thursday, though it will not immediately start to default on its debt and set off a financial crisis. Here's what the situation is all about. ...
The federal government has come up against its borrowing limit of more than $38.3 trillion, Treasury Secretary Janet Yellen announced Thursday, setting up an-early June fight to avoid a potential U… ...
Kevin McCarthy is playing with fire over America's debt ceiling. Joy and her panel explain how after maxing out the national credit card when they were in charge, Republicans are threatening to simply stop paying America's bills with dire consequences. ...
On Tuesday's broadcast of the Fox Business Network's "Mornings with Maria," Rep. Darrell Issa (R-CA) stated that the debt ceiling needs to be raised but | Clips ...

( )