debt ceiling News

Stability in US Treasury Bonds Amid Advisory Panel's Stark Deficit Warnings

US Treasury markets remain stable with robust auction demand, but the TBAC warns of looming deficits exceeding $2 trillion by 2027. New revenues and stablecoin legislation may help...

Republicans Propose $4 Trillion Debt Ceiling Hike and Tax Cuts, Sidestepping Millionaire Tax

House Republicans propose a $4 trillion debt ceiling increase and tax cuts, favoring high earners while omitting a millionaire tax. The bill includes temporary deductions on tips a...

Trump Urges Congress to Abolish or Extend Debt Ceiling to Secure Spending Deal

President-elect Donald Trump calls on Congress to abolish or extend the debt ceiling until 2029 to secure a government spending agreement, amidst House's failure to pass a new fund...