#debt-limit

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fromwww.npr.org
1 month ago

The debt limit, the origins of the X Date, and why it all matters

Every year, the U.S. government spends more money than it takes in, leading to a need to increase the national debt limit to avoid severe economic consequences.
US news
US politics
fromNew York Post
3 months ago

Senate Republicans finally unveil budget blueprint for Trump's 'big, beautiful' agenda

Senate Republicans proposed a $5 trillion debt limit increase, making tax cuts permanent, amid concerns over rising deficits.
US news
fromwww.nytimes.com
4 months ago

U.S. Could Run Out of Cash by July, Analysis Finds

The U.S. may run out of cash by mid-July if the debt limit isn't raised.
The X-date signifies when the U.S. might default on its obligations.
US politics
fromwww.mediaite.com
5 months ago

Speaker Johnson Revives Vote on Budget Bill After Pulling It from the Floor

House Speaker Mike Johnson encountered voting challenges regarding a major Republican budget plan but revived it for a second attempt shortly afterward.
US politics
fromAxios
5 months ago

Mike Johnson boxed in by House GOP defectors on "big, beautiful bill"

House leadership is confident about passing the resolution despite internal GOP disagreements.
Business
fromwww.nytimes.com
7 months ago

Yellen Issues Debt Limit Warning to Congress

Urgent Congressional action is needed by January 14 to raise the debt limit and avoid default on U.S. obligations.
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