The case for breaching the debt ceiling:
axios.com/2023/05/27/debt-ceiling-biden-us-economy
Quick Glance: Debt-Ceiling Crisis: Impact on Social Security, Medicare, and Stocks
- Failure to raise the debt ceiling could lead to long-lasting economic consequences for Americans.
- The government may not have the money to pay Social Security benefits.
- A debt crisis could lead to higher interest rates and tighter credit conditions.
- A debt crisis could freeze the housing market and lead to higher mortgage rates.
Story Details
| Last Updated | May 27 23 |
| Total Articles | 12 |
News on this topic
How a debt default could affect you: Let's walk through what the debt ceiling is, why it was created, and who could be affected first if the U.S ...
pbs.org/newshour/politics/how-a-debt-default-could-affect-you
Social Security, Medicare and stocks: How a debt-ceiling crisis could affect you: If the White House and House Republicans fail to raise the debt ceiling and the ...
thehill.com/business/4022573-debt-ceiling-how-you-can-prepare-for-a-potential-default/
The debt limit is a loser’s game
politico.com/newsletters/politico-nightly/2023/05/26/the-debt-limit-is-a-losers-game-00099084
More articles on this subject
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How a debt default could affect you: Let's walk through what the debt ceiling is, why it was created, and who could be affected first if the U.S ...
pbs.org/newshour/politics/how-a-debt-default-could-affect-you
Social Security, Medicare and stocks: How a debt-ceiling crisis could affect you: If the White House and House Republicans fail to raise the debt ceiling and the ...
thehill.com/business/4022573-debt-ceiling-how-you-can-prepare-for-a-potential-default/
The debt limit is a loser’s game
politico.com/newsletters/politico-nightly/2023/05/26/the-debt-limit-is-a-losers-game-00099084
Yellen Says US Will Run Out of Money to Pay Bills on June 5 Absent Debt Limit Deal
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Debt Default ‘X-Date’ Now Set For June 5—Not June 1—Buying White House And GOP Precious Negotiating Time
forbes.com/sites/antoniopequenoiv/2023/05/26/debt-default-x-date-now-set-for-june-5-not-june-1-buying-white-house-and-gop-precious-negotiating-time/
Debt limit negotiators under pressure to reach deal as risk of default grows: There are signs that negotiations over raising the nation’s debt limit are gaining ...
cnn.com/2023/05/26/politics/debt-limit-default-risk/
Lawmakers are leaving Washington without a debt limit deal as risk of default grows
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Washington inching closer to debt deal: WASHINGTON: Democrats and Republicans inched towards a deal on Friday, ahead of a long weekend ...
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US Treasury Secretary Janet Yellen pushes back debt ceiling deadline to June 5: Democrats and Republicans inched towards a deal on Friday to avoid a crippling US ...
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Unruly politicians and unchecked spending risk US debt catastrophe: Without deep structural reforms, the nation could be exposed as a deadbeat place that can’t ...
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Paid articlePaid Yellen, Asked on Yen, Says Currency Interventions Should Be Rare: US Treasury Secretary Janet Yellen said intervention in foreign-exchange markets should be rare ...
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Yellen Says US Can Bring Inflation Down Without Hurting Jobs: Treasury Secretary Janet Yellen said US inflation can come down without requiring a weakening in ...
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Paid articlePaid ‘Buy Bitcoin’ Sign Flashed Behind Janet Yellen Receives Bid of Almost $140,000: Here’s the latest sign that animal spirits have returned to the cryptocurrency ...
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Join us for a Reuters NEXT Newsmaker featuring Janet Yellen, US Secretary of the Treasury, in a conversation with Reuters Editor-in-Chief Alessandra Galloni on ...
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Yellen Says Nothing Off Table in Response to China Overcapacity: Treasury Secretary Janet Yellen said the US wouldn’t take “anything off the table” in response ...
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The US Treasury Secretary Janet Yellen said the outright seizure of Russian assets is justifiable but is only one possibility ...
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US Set to Ring Alarm Bells Over Chinese Industry on World Stage: US Treasury Secretary Janet Yellen warned China’s leaders that the nation’s manufacturing power ...
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Paid articlePaid Yellen Meets Japan, South Korea Finance Ministers to Discuss Finance Cooperation: US Treasury Secretary Janet Yellen took note of worries between her Japanese ...
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Bloomberg New Economy: IMF Scrutinizes US Economy Instead of Going After China: As the US delegation looked to the annual springtime gathering of finance chiefs ...
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Yellen, China’s He Agree to Talks Aimed at ‘Balanced Growth’: US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to set in motion ...
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Paid articlePaid Yellen Delivers Sharp Message to China’s Leaders With a Smile: US Treasury Secretary Janet Yellen will meet China’s central bank chief and former economic czar ...
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Paid articlePaidQuick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
Bloomberg New Economy: China Heads Down Japan’s Troubled Macro-Policy Path: The argument that China is following in Japan’s three-decade old footsteps down the ...
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IMF Steps Up Its Warning to US Over Ballooning Debt
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U.S. to hit Iran with fresh sanctions after Israel attack: It's a subtle message to Israel that there's more than one way to harm Tehran.
axios.com/2024/04/16/iran-sanctions-israel-biden-yellen
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
Yellen Waves Yellow Flag as China’s EV Sector Keeps Up Expansion: China’s leading EV makers and suppliers are pressing ahead in the face of a global slowdown ...
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Yellen Threatens Sanctions for China Banks That Aid Russia’s War: US Treasury Secretary Janet Yellen wrapped up four days of talks in China with a warning to the ...
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Paid articlePaid What about China’s overcapacity?: China says its industries are simply more competitive
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Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
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Five Things You Need to Know to Start Your Day: Asia: Yellen to wrap up four-day China trip. Oil heads for $100 a barrel. Chinese investment into Australia ...
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Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
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After issuing factory capacity warning to China, Yellen faces tariff decisions: U.S. Treasury Secretary Janet Yellen hammered home a stern warning to China's ...
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Five Things You Need to Know to Start Your Day: Asia: Good morning. Wells Fargo becomes Wall Street’s biggest equity bull. Yellen offers China a blunt warning ...
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U.S., China to hold more financial shock exercises, Treasury officials say: The U.S. and China are deepening cooperation on financial stability issues, U.S ...
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Yellen meets with China's central bank chief, presses case on excess capacity: U.S. Treasury Secretary Janet Yellen warned China on Monday that Washington will ...
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Janet Yellen says tariffs are on the table to stop a 'China Shock' as official urges U.S. not to 'politicize'
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China’s Economic Moves Threaten U.S., European Companies. Yellen Is Pushing Back.
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Biden’s polite Trumpism on China: Communication matters precisely because the structural problem between the pair is probably insoluble
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China's Solar Manufacturing Boom: Market Forces, Not Words, Can Fix Overcapacity
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Scoop: Treasury wants "sharper scalpel" to dissect foreign investment into the U.S.
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Stock Markets Today: Yellen threatens sanctions, US rate-cut bets: Get up to speed with what the markets are monitoring
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Janet Yellen defends herself against Chinese dumping practices: At the end of her four-day visit to China, the US Treasury Secretary once again accuses the ...
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US and China plan talks on economic growth including manufacturing ‘overcapacity’ issue, Yellen says
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Quick Glance: US and China Reach Accord on New Talks for 'Balanced' Economic Growth
- The United States and China have agreed to hold 'intensive exchanges on balanced growth', as stated by the US Treasury Department, following two days of discussions between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.
- These planned talks signify the latest advancement in joint efforts to stabilize relations between the world's top two economies since a meeting between Presidents Joe Biden and Xi Jinping last November.
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- The US Treasury Secretary cautioned against China's overcapacity risks and highlighted the importance of dialogue to avoid potential conflicts, noting progress in the talks and the structured continuation of discussions as crucial.
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U.S., China agree to hold more talks about economic concerns: The announcement is a very minor step aimed at cooling tensions around overproduction concerns.
axios.com/2024/04/06/us-china-yellen-economy-negotiation
"Expand or die": China's solar companies now also want Western state aid: China is flooding the world with cheap, heavily subsidized solar modules ...
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US criticism of Chinese overcapacity rehashes 'China threat' rhetoric, Xinhua says
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China Accounts for All the World's Wind Power Growth: The West must spend more money on clean technology to rewire the world’s energy systems.
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Paid articlePaid Yellen Chides China Over ‘Coercive’ Moves Against US Firms: Treasury Secretary Janet Yellen chided China for “unfair” treatment of American and other foreign ...
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Quick Glance: Biden emphasizes US support for Philippines and Japan
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Conservative lawmakers lead objections to Vista's deal to sell Federal ammunition to Czech firm
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China says innovations, not subsidies, are powering EV edge as Yellen raises 'overcapacity' concerns
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Yellen Junks 200 Years of Economics to Block China Clean Tech: The Treasury secretary’s plan is a protectionist disaster that will impede the path to net zero.
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This is how we do it: ‘I’ve had more sex in the past two years than in the rest of my life’
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‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M: The “Buy Bitcoin” sign that was shown behind Janet Yellen at a televised 2017 Congressional ...
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What you need to know about new overtime rule that will benefit millions: Beginning July 1, salaried workers making up to $43,888 a year will qualify for 1 ...
washingtonpost.com/business/2024/04/24/overtime-rule-salaried-workers/
Quick Glance: Biden Grants Overtime Pay to 4 Million US Workers
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- The salary threshold will be automatically adjusted every three years to reflect changes in average earnings.
- The rule does not affect overtime requirements for hourly workers.
- The new rule is expected to face legal challenges, with many businesses expressing concerns about economic uncertainty and labor shortages.
Best tricks to make a room look bigger, from interior designer: An interior designer shares decor and design tricks that make a small room feel bigger ...
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Upgraded Victorian painstakingly restored in Portobello for €1.575m: Fully realised four-bedroom home with intricate period features and a modern living hub
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Gene Collier: Michael Johnson, another unstable genius: This week’s wall-to-wall and floor-to-ceiling coverage of Trump at the defense table will thoroughly ...
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Person escaped custody at S.F. General by climbing through ceiling: A San Francisco jail inmate briefly escaped from a room at San Francisco General Hospital on ...
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Hilltop midcentury modern lists for $4.3M after “architectural archaeology” restoration
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