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In the last 2 hours
Republicans Float One Spending Cut Political Wire (Weblog)10:05
In the last 4 hours
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Yesterday
Patel: The Truth About The Debt Limit Fight The Daily Caller20:49 2-Feb-23
The Public Debt Clause and the Debt Ceiling National Constitution Center19:13 2-Feb-23
House Speaker Holds Weekly Briefing C-Span (Video)18:16 2-Feb-23
Getting Serious About Responsible Defense Spending The Heritage Foundation15:14 2-Feb-23
The debt limit is a fossil whose time has gone The Washington Post14:13 2-Feb-23
Debt Ceiling Standoffs Are Insanity Political Wire (Weblog)14:05 2-Feb-23
7 Dangers of Defaulting on the Debt Third Way12:48 2-Feb-23
We’re once again watching ‘Debt Ceiling Theater’ Bangor Daily News, Maine10:54 2-Feb-23
Yes, Use the Debt Ceiling to Control Government Spending American Enterprise Institute09:55 2-Feb-23
Debt-Ceiling Talks Sideline Social Security, Medicare The Wall Street Journal09:05 2-Feb-23
Republicans Pick a Debt Limit Fight at Their Own Peril American Enterprise Institute08:05 2-Feb-23
The Backstabber in Chief The Atlantic07:18 2-Feb-23
What Happens if the Government Defaults? The Dispatch06:31 2-Feb-23
McCarthy gets Biden meeting, no concessions Arkansas Democrat-Gazette06:03 2-Feb-23
In the last 7 days
McCarthy, Biden meet over debt ceiling crisis World Socialist Web Site22:19 1-Feb-23
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3 Feb 10:05

About our US Debt Ceiling news

Latest news on the US debt ceiling, currently at almost $31.4tn, a cap on how much the US government is allowed to borrow.

In order for the government to borrow more money, it needs approval from Congress to either suspend or change the current limit. Republicans have recently taken control of the House of Representatives and are advocating for spending reductions, which has caused concern that they may delay taking action. This could lead to the United States intentionally defaulting on its debt for the first time, damaging its reputation and causing negative impacts on financial markets, the dollar, and interest rates for loans such as mortgages and credit cards. The debt limit was originally established in 1917 as a means of providing the government with the ability to raise funds during World War I, but disagreements over the limit have become increasingly contentious as political polarisation increases and US debt continues to rise.

This feed updates continuously 24/7 so check back regularly. Relevance is automatically assessed, so occasionally headlines not about US debt limit news might appear - if so please contact us regarding any persistent issues.


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