Stocks dropped almost 20% in the 2011 debt ceiling window. Treasury market performance highlights a significant difference between 2011 and 2023. 2023 credit markets are telling us to monitor the S&P ...

When President Barack Obama signed legislation in 2011 that raised the debt ceiling and imposed sweeping spending cuts, he argued that the “manufactured crisis” had served as “just one more impediment ...

FILE - Then-House Majority Whip Kevin McCarthy of Calif., right, joined by House Majority Leader Eric Cantor of Va., speaks to reporters about President Obama's debt reduction plan and other issues, ...

The Treasury Department warned this week that the U.S. could run out of cash to pay its bills as soon as June 1, unless Congress manages to raise the debt limit before then. The debt limit is the ...

Hitting the national debt ceiling is a major worry for Washington right now. On Friday, Treasury Secretary Janet Yellen warned that the U.S. is on track to reach the debt limit, or the cap on how much ...

Washington – The debate around raising the debt ceiling sounds eerily similar: Newly elected House Republicans, eager to confront the Democratic president in the White House, refused to raise the debt ...