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May 30 2023
Analysis
The clock ticks on the debt limit: Lessons from America's last debt ceiling crisis
The U.S. debt limit clock is ticking.
A political stand-off in Washington on the U.S. debt limit is pushing the country perilously close to default.
In 2011, the country came within 72 hours of that happening.
Today, On Point: What’s the path forward? We hear lessons from America's last debt ceiling crisis.
Claudia Grisales: "Where they started, they were really far
WBUR![](https://www.allsides.com/sites/default/files/bias-center.png)
May 19 2023
News
Debt ceiling talks end after briefly resuming
The debt limit negotiations between GOP negotiators and the White House ended Friday night with no progress after meeting for roughly an hour and a half. And there's no set plans for the next meeting, according to negotiators, who just left the Capitol. "At the direction of the Speaker of the House, we re-engaged, had a very, very candid discussion, talking about where we are, talking about
ABC News (Online)![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
May 09 2023
News
Survey: Most Support McCarthy's Debt-Ceiling Bill
A majority of voters back House Speaker Kevin McCarthy's plan to increase the debt ceiling and in exchange for lower future deficit spending. Most voters also expect the White House to compromise on the bill, according to a Rasmussen Reports national survey released Tuesday. The results of the poll showed that 57% of likely U.S. voters support the debt-ceiling bill passed by the Republicans in
Newsmax (News)![](https://www.allsides.com/sites/default/files/bias-right.png)
May 09 2023
Analysis
Pressure grows on Biden to bend in debt ceiling talks
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 deal
The Hill![](https://www.allsides.com/sites/default/files/bias-center.png)
May 05 2023
Opinion
Investors, seniors are panicking over debt ceiling showdown
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![](https://www.allsides.com/sites/default/files/bias-leaning-left.png)
May 02 2023
News
McCarthy agrees to speak with Biden on debt ceiling: Report
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![](https://www.allsides.com/sites/default/files/bias-leaning-right.png)
May 02 2023
News
Biden: No Debt Ceiling Negotiation at May 9 Congress Meeting
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 the
Newsmax (News)![](https://www.allsides.com/sites/default/files/bias-right.png)
Jul 08 2024
News
The debt reckoning is real
Once upon a time, the United States led the world in solving momentous problems. From saving the world in World War II, to getting a manned mission to the moon, to providing high-quality and accessible higher education, to winning the Cold War, this nation was once the pinnacle of determination and resolve. As leaders, we were respected and admired. But today, amid our new political divide, we
Baltimore Sun![](https://www.allsides.com/sites/default/files/bias-center.png)
May 02 2023
News
Biden Caves to GOP Demand for Debt Ceiling Talks
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![](https://www.allsides.com/sites/default/files/bias-right.png)