With the United States at risk of defaulting for the first time, Speaker Kevin McCarthy and President Biden met again but remained far apart on a deal.
Tag: National Debt (US)
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Debt Limit Negotiators Debate Spending Caps to Break Standoff
The strategy, which was used in 2011, could allow both sides to save face but would most likely do little to chip away at the national debt.
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The Welfare Debate Stalling the Debt Talks
Work requirements are popular, but there’s a thin line between motivation and punishment.
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Biden and McCarthy to Meet in Hopes of Reviving Debt Talks
With the United States at risk of defaulting for the first time, hopes for a breakthrough have dimmed in recent days.
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Liberals Are Persuading Themselves of a Debt Ceiling Plan That Won’t Work
The limit Congress imposes is dumb, but Biden can’t just wave it away.