Veterans, stalemates and sleepless nights: Inside the White House strategy to strike the debt ceiling deal
President Joe Biden sat behind the Resolute Desk in his first evening Oval Office address with a clear purpose: to deliver the final word.
2023-06-03 17:25
Here's who would have to work for government benefits -- and who wouldn't -- under the debt ceiling package
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
2023-06-02 23:19
Biden to address nation from Oval Office after avoiding catastrophic default
President Joe Biden will address the nation from the Oval Office on Friday evening -- his first time speaking to the country directly from that setting -- following congressional passage of a compromise measure that raises the federal borrowing limit and avoids a catastrophic default.
2023-06-02 23:18
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:26
Senate passes bill to block Biden's student loan forgiveness program
Both the Senate and the House have now passed a bill to block President Joe Biden's student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of borrowers but has been held up by courts.
2023-06-02 02:49
Senate races to avert default but vote timing unclear for debt limit bill
Senators are racing the clock to pass a bill to to suspend the nation's debt limit through January 1, 2025 -- but it's not yet clear when a final vote will take place as the threat of default looms.
2023-06-01 17:16
House GOP challenges CBO's analysis of work requirements in debt ceiling bill
House Republicans defended their broadening of work requirements for safety net programs in the debt ceiling bill on Wednesday, saying it would help people escape poverty and assist employers looking to hire.
2023-06-01 05:27
Debt ceiling deal would require student loan payments to resume in August
If passed into law, the bipartisan debt ceiling deal will dash any hope borrowers might have that the federal student loan payment pause would be extended for a ninth time.
2023-05-31 23:25
House to vote on debt limit deal as lawmakers race to avert default
The House of Representatives is on track to vote Wednesday on a bill to suspend the nation's debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default.
2023-05-31 17:19
Debt deal avoids the really tough decisions
The US government took one step back from self-inflicted economic disaster on Tuesday.
2023-05-31 12:25
Debt limit deal clears key hurdle ahead of final House vote
House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.
2023-05-31 10:23
Watchdog group files FEC complaint over planned DeSantis super PAC transfer
A watchdog group on Tuesday filed a complaint to the Federal Election Commission targeting allies of Florida Gov. Ron DeSantis, who have planned for nearly a year to transfer tens of millions of dollars to a super PAC supporting his presidential bid.
2023-05-31 04:45