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By Zeke Millerm Seung Min Kim, Josh BVoak and Lisa Mascaro | Associated Press WASHINGTON — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but…

Lawmakers have been given notice of a new deadline if they are to avoid a damaging default on U.S. debt: June 1, 2023. If Congress fails to raise the nation’s borrowing limit by that date, Treasury Secretary Janet Yellen warned, then…

The U.S. is teetering toward an unprecedented debt default that could come as soon as June 1, 2023. In order for the U.S. to borrow more money, Congress needs to raise the debt ceiling – currently US$31.4 trillion. President Joe…

Director of National Intelligence (DNI) Avril Haines testifies during a Senate Armed Services Committee hearing on "Worldwide Threats" at the U.S. Capitol in Washington May 10, 2022. Kevin Lamarque | ReutersWASHINGTON — The director of…

Sen. Jon Tester (D-MT) warned on MSNBC’s Morning Joe on Thursday he believes there are enough House GOP members who “want to see” the U.S. default on its debt that it may very well happen. Tester warned that if the House…

Gloria Larkin is frustrated. She's worried Congress is about to hurt small business owners like her and her clients if they cannot reach a deal over the debt limit. "This issue of default with a subsequent recession would…

President Joe Biden next week will meet with the Democratic and Republican leaders of the House and Senate in an effort to avoid a catastrophic default on the nation's debts, which could occur in as little as one month. The United States…

U.S. Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. could default on its debt as early as June 1, if legislators do not raise or suspend the nation’s borrowing authority before then and avert what could…

Treasury Secretary Janet Yellen said Monday the U.S. government might not be able to pay its bills as early as June 1 if Congress does not raise or suspend the debt limit. "After reviewing recent federal tax receipts, our best…

Speaker of the House Kevin McCarthy, R-Calif., walks out with House Republicans to speak about the passage of H.R. 734 The Protection of Women and Girls in Sports Act on Capitol Hill on Thursday, April 20, 2023, in Washington, DC.Jabin…