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NATIONAL DEBT CEILING
U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...08 May, 2026, 09.33 PM IST- Spicier than jhalmuri: The Rs 1.7 lakh crore fiscal bite hidden in state election resultsWhat looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...07 May, 2026, 10.07 AM IST
- Social Security benefit cap proposal warning: will this new limit quietly cut how much retirees receive annually?Social Security benefits cap proposal 2026 is reshaping retirement talks in the US. A key warning shows a $230 billion annual shortfall in ...04 May, 2026, 09.22 PM IST
- Can the U.S debt ceiling be scrapped as suggested by Donald Trump? Here's what the law saysDonald Trump and Elizabeth Warren find common ground. Both want to scrap the US debt ceiling. Trump expressed his agreement with Warren on ...05 Jun, 2025, 07.18 PM IST
- Donald Trump comes down heavily on former Speaker Kevin McCarthy for raising the debt ceiling; what will happen this time as deadline looms, will Johnson survive?President-elect Donald Trump has reignited debates within the GOP by criticizing former House Speaker Kevin McCarthy for agreeing to raise ...30 Dec, 2024, 06.57 PM IST
- US could hit debt limit in January 2025? Janet Yellen warns of $36.1 trillion risk as crisis loomsIs United States of America headed for a default in 2025? Treasury Secretary Janet Yellen has said she expects the US will officially run u...30 Dec, 2024, 06.40 PM IST
- Donald Trump attacks Joe Biden's 2023 debt ceiling deal, calls it 'dumbest' political move in yearsUS President-elect Donald Trump has criticised the 2023 debt ceiling extension, agreed by President Joe Biden and then-House Speaker Kevin ...30 Dec, 2024, 06.30 AM IST
- U.S heading for default in 2025, potentially tanking the U.S. credit rating and sending shockwaves through global marketsThe situation highlights the urgent need for bipartisan cooperation to address the debt ceiling and avoid a potentially catastrophic outcom...30 Dec, 2024, 03.29 AM IST
- Janet Yellen urges immediate Congress intervention on debt ceiling; Speaker Mike Johnson in a precarious situation to get deal done or else he may lose his jobIf the debt ceiling is not raised, the government would technically default on its obligations, potentially leading to economic instability.29 Dec, 2024, 11.48 AM IST
- Donald Trump to be welcomed by new debt limit? Treasury Secretary Janet Yellen drops new bombshellDonald Trump will be handed over the reigns of the White House on January 20 next year, but right before that, US economy will face a major...29 Dec, 2024, 03.10 AM IST
- Wall St rises on debt ceiling deal cheer, hopes of Fed pauseThe bill to suspend the $31.4 trillion debt ceiling headed to the Senate, which must enact the measure before a Monday deadline, when the g...01 Jun, 2023, 11.11 PM IST
- Debt ceiling talks stuck on classic problem: Republicans demand spending cuts and Democrats resistTime is short to strike a deal before a deadline as soon as June 1, when the Treasury says the government risks running out of cash to pay ...24 May, 2023, 09.09 PM IST
- Debt ceiling explained: Why it's a struggle in Washington and how the impasse could endPresident Joe Biden and House Speaker Kevin McCarthy are set to meet on Monday to discuss raising the US debt ceiling before a "hard deadli...22 May, 2023, 03.55 PM IST
- Political deadlock could impact credibility of US dollar: Qatar National Bank GroupThe deadline of October 17, 2013 to increase the US debt ceiling in order to avoid an unprecedented default on US government debt is fast a...14 Oct, 2013, 02.13 PM IST
- Barack Obama, Republicans in 'useful' talks but shutdown still onBoth sides described the 90-minute meeting at the White House as useful and agreed to keep talking but no decision was made to resolve the ...11 Oct, 2013, 06.38 PM IST
- Axe looms on US rating, says Standard & Poor'sPolitical and fiscal risks may lead to another downgrade of the US's credit rating by 2014 by Standard & Poor's.11 Jun, 2012, 05.12 AM IST
- IBA should take up raising debt swap limit: RBIEven as bankers in Punjab seek widening of ceiling of Debt Swap Scheme to Rs 100,000, RBI on Wednesday said the matter should be taken up w...22 Sep, 2010, 05.58 PM IST
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