President Biden has been considering ways to challenge the constitutionality of the debt limit to defuse the risk of default.
Tag: Treasury Department
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Pass the Debt Ceiling Deal
Biden’s deal with Republicans would avoid default and deserves support, but Congress was reckless in allowing this standoff to happen again.
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Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout
The Treasury secretary, who considered ways to contain the fallout of a default when she was a Fed official in 2011, had urged Democrats to raise the limit while they still had control of Congress.
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Inside the Debt Ceiling Negotiations on Capitol Hill
What day is it, anyway? As talks drag on, the situation is getting painful for everyone from the negotiators to the tourists on Capitol Hill.