Browsing: debt ceiling

Wall Street will be ruled by ‘rumor and pseudo-drama’ if government shutdown goes ahead, warns UBS

Wall Street will be ruled by ‘rumor and pseudo-drama’ if government shutdown goes ahead, warns UBS

By Press Room30 September 2025

Washington seems fairly resigned to the fact a government shutdown will begin at midnight, the first to occur since 2018.…

Bessent says U.S. will never default as Congress faces deadline

Bessent says U.S. will never default as Congress faces deadline

By Press Room1 June 2025

Treasury Secretary Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt…

The IRS could collect 0 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike

The IRS could collect $500 billion less in tax revenue, report says, and the U.S. may run out of cash in a few months without a debt-ceiling hike

By Press Room25 March 2025

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Trump and Harris to face off in high-stakes debate

Trump and Harris to face off in high-stakes debate

By Press Room9 August 2024

ABC News says that both Republican presidential nominee Donald Trump and his Democratic counterpart, Kamala Harris, have agreed to meet…