Debt Ceiling Default Risk Looms as August Deadline Nears
With August approaching, the United States is once again facing a familiar and unsettling economic cliff: the federal debt ceiling.…
Tag: U.S. debt ceiling 2024
Debt Ceiling Raised to $41 Trillion—Markets Relieved, but Future Crises Loom
After weeks of tense negotiations, political brinkmanship, and mounting financial anxiety, Congress has officially passed legislation to raise the U.S.…
U.S. Could Hit Debt Ceiling X‑Date in August, Treasury Warns: What’s at Stake for Markets and the Economy
The U.S. Treasury Department has sounded the alarm again, warning that the federal government could hit its debt ceiling “X-date”…