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Kevin McCarthy
US Economy
US's debt-ceiling crisis is over but the debt crisis remains
Maybe the most surprising aspect of the debt-ceiling increase is that it passed Congress easily, says Yglesias.
June 05, 2023
US debt-limit deal sets up tough battle for passage in Congress
A time-consuming, last-minute revision or a failure on the House floor risks a market dive.
May 29, 2023
Key takeaways from deal Biden, GOP sealed to avert US default
The agreement came just days before the Treasury is projected to run out of cash on June 5.
May 29, 2023