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3 mentions found


☆ Debt Ceiling Senate on Brink of Passing Debt Limit Bill
  + stars: | 2023-06-01 | by ( Carl Hulse | Catie Edmondson | ) www.nytimes.com   time to read: +4 min
The wrangling over the nation’s debt limit raises a lot of questions, including what it actually is and why the United States has one. What is the debt limit? Why does the United States have a debt limit? While the debt limit was created to make government run more smoothly, many policymakers believe that it has become more trouble than it’s worth. What happens if the debt limit is not raised or suspended?
Persons: Janet L, Yellen, Ms Organizations: Congress, United, Treasury Department, Treasury, Liberty Bond Act, Wall Street, Social Security Locations: United States
☆ Debt Ceiling Live Updates: House Prepares for Vote on Debt Limit Deal
  + stars: | 2023-05-31 | by ( Catie Edmondson | ) www.nytimes.com   time to read: +4 min
Which raises a lot of questions, including what the debt limit actually is and why the United States has one. Here’s everything you need to know about the debt limit. What is the debt limit? Why does the United States have a debt limit? While the debt limit was created to make government run more smoothly, many policymakers believe that it has become more trouble than it’s worth.
Persons: Biden, Kevin McCarthy, Janet L, Yellen, Ms Organizations: Congress, United, Treasury Department, Treasury, Liberty Bond Act, Wall Street, Social Security Locations: United States
☆ Live Updates: Biden Hosts McCarthy for Debt Limit Talks
  + stars: | 2023-05-09 | by ( Peter Baker | Jim Tankersley | Jeanna Smialek | ) www.nytimes.com   time to read: +4 min
Which raises a lot of questions, including what is the debt limit and why does the United States have one? Here’s everything you need to know about the debt limit. What is the debt limit? Why does the United States have a debt limit? While the debt limit was created to make government run more smoothly, many policymakers believe that it has become more trouble than it’s worth.
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