AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
May 09 2023
Pressure is growing on President Biden to bend in debt ceiling talks with Republicans, though the White House and Democrats are showing no signs of letting up from his no-negotiation stance.
The president is facing abysmal approval ratings as he heads into the Tuesday summit with Speaker Kevin McCarthy (R-Calif.) and other congressional leaders, who have until June 1 to reach a dealThe Hill
May 05 2023
People are scared that the debt ceiling showdown will end up slamming them financially.
And they are right to be alarmed. Republicans are risking pushing the nation into default and disrupting the global economy.Guest Writer - Left
May 02 2023
House Speaker Kevin McCarthy (R-CA) has reportedly accepted an invitation from President Joe Biden to meet to discuss the debt ceiling. The biggest step yet in the debt ceiling standoff between Biden and House Republicans will take place on May 9, according to a source familiar with the situation who spoke with CNN. The president also invited House Minority Leader Hakeem Jeffries (D-NY),Washington Examiner
May 02 2023
President Joe Biden will not negotiate over the debt ceiling during his meeting with four top congressional leaders on May 9, though he does plan to discuss starting "a separate budget process" to talk about spending priorities, the White House said on Tuesday. Biden on Monday summoned the four Senate and House of Representatives leaders -- two fellow Democrats and two Republicans -- to theNewsmax (News)
May 02 2023
WASHINGTON (Reuters)—U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the Treasury warned the government could run short of cash to pay its bills by June. Treasury Secretary Janet Yellen said in a letter to Congress that the agency will be unlikely to meet all U.S. government payment obligations "potentially as early as June 1"Washington Free Beacon
Jan 20 2023
So it’s come to this: another debt ceiling crisis.
This is the fifth standoff I’ve covered as a reporter. There was the big one in 2011, of course, but then the 2013 standoff related to Obamacare, the lower-profile standoff in 2015, and the 2021 fight that required a temporary change to the Senate filibuster. I’m 32 years old. As I tell myself in the mirror every morning, that is notVox
Jun 03 2023
WASHINGTON — With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the federal government’s debt.
It was a decidedly low-key denouement to a monthslong drama that unnerved financial markets at home and abroad and caused anxious retirees and social service organization to make contingencyThe Oregonian
Jan 17 2023
We're in the first inning of another seemingly inevitable debt limit fight.
Driving the news: Treasury Secretary Janet Yellen informed Congressional leaders Friday that the federal government would likely hit the debt limit on Thursday. As a result, Treasury will have to take "extraordinary measures" to keep paying creditors who own the U.S. government's bonds.
These measures areAxios
Jun 02 2023
This week, Emily Bazelon, John Dickerson, and David Plotz discuss the debt-ceiling deal; the Russia-Ukraine war with the Atlantic’s Kori Schake @KoriSchake; and the impeachment of Texas Attorney General Ken Paxton. Here are some notes and references from this week’s show: John Wagner for The Washington Post: “Senate racing to pass debt ceiling bill ahead of Monday default deadline” The LastSlate
Jun 01 2023
The House has approved critical legislation to lift the debt ceiling
The House approved the debt ceiling bill, and it will now head to the Senate. This is brushing up against the deadline for when the U.S. is projected to run out of money to pay its bills: June 5.NPR Fact Check