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    US budget

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    • Thursday, 1 June, 2023
      The FT ViewThe editorial board
      Joe Biden averts a disastrous default

      The sooner America scraps its nonsensical debt ceiling the better

    • Thursday, 1 June, 2023
      News in-depthUS politics & policy
      ‘Faith in the Speaker’: McCarthy defies critics with US debt ceiling win

      Congressman withstood fierce internal resistance from hardline Republicans to lock up bipartisan deal

    • Thursday, 1 June, 2023
      US politics & policy
      US House passes debt ceiling bill in crucial step to avert historic default

      Republican Speaker Kevin McCarthy secures bipartisan support to send legislation to the Senate

    • Wednesday, 31 May, 2023
      US politics & policy
      US debt ceiling deal heads towards first House vote after clearing initial hurdle

      Leaders rush to shore up support after hardline Republicans express misgivings

    • Sunday, 28 May, 2023
      US politics & policy
      White House reaches deal with Republicans to avert US debt default

      Biden and McCarthy agree on terms to raise borrowing limit but must still convince sceptical members of their parties

    • Friday, 26 May, 2023
      The Long ViewPhilip Coggan
      Deficits can matter, sometimes

      There is plenty of scope for future governments to get into trouble

    • Friday, 26 May, 2023
      Michael Strain
      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 put its finances in order

    • Friday, 26 May, 2023
      US politics & policy
      US debt ceiling talks progress as deadline approaches

      Negotiators hope to finalise a two-year deal in the coming days as default looms

    • Thursday, 25 May, 2023
      News in-depthUS politics & policy
      McCarthy’s big test: keeping Republicans unified in debt ceiling battle

      House Speaker has kept his party behind him so far, but pressure has grown as deadline for a potential default nears

    • Thursday, 25 May, 2023
      US politics & policy
      US credit rating at risk for downgrade amid debt ceiling ‘brinkmanship’

      Republican Speaker tries to reassure investors they have nothing to fear as deadline for potential default approaches

    • Sunday, 21 May, 2023
      US politics & policy
      Biden urges Republicans to ditch ‘extreme’ stance as debt talks resume

      President to meet House Speaker McCarthy on Monday as deadline to avoid default approaches

    • Friday, 19 May, 2023
      US politics & policy
      US debt ceiling talks poised to resume after pause

      House Speaker McCarthy says negotiators will be ‘back in the room’ after Republican walkout earlier in the day

    • Thursday, 18 May, 2023
      Trade SecretsAlan Beattie
      The debt ceiling crisis is distracting Biden from his geopolitical agenda

      Cutting Asia-Pacific trip short to avert domestic catastrophe underlines US president’s foreign policy weaknesses

    • Thursday, 18 May, 2023
      US politics & policy
      ‘Welfare to work’ rules become sticking point in US debt ceiling fight

      Republicans insist on tougher requirements but progressive Democrats say they will reject any attempt to compromise

    • Wednesday, 17 May, 2023
      US politics & policy
      Biden ‘confident’ of striking deal with Republicans on debt ceiling

      Republicans criticise president for travelling to G7 summit in Japan during negotiations

    • Tuesday, 16 May, 2023
      Biden to cut short overseas trip as US debt ceiling talks inch forward

      Kevin McCarthy says a deal is possible by the end of the week but cautions there is still ‘a lot of work to do’

    • Tuesday, 16 May, 2023
      Martin Wolf
      America is hurt by its debt ceiling theatre of the absurd

      The only reason a default is conceivable is the depth of disagreement in the country

    • Monday, 15 May, 2023
      Yellen warns of jump in US borrowing costs amid debt ceiling stand-off

      Treasury secretary repeats prediction government could run out of money by June 1

    • Monday, 15 May, 2023
      US Treasury bonds
      A debt ceiling debacle might actually be good for Treasuries

      For real. Hear us out

    • Sunday, 14 May, 2023
      Glenn Hubbard
      How to end the US debt ceiling stand-off

      We need to separate the surface argument from the underlying one in order to move forward

    • Friday, 12 May, 2023
      US politics & policy
      US agency warns of ‘significant risk’ of debt default by mid-June

      Congressional Budget Office report piles pressure on political negotiators to agree a deal on raising debt ceiling

    • Sunday, 7 May, 2023
      US politics & policy
      Yellen warns of ‘constitutional crisis’ over US debt ceiling impasse

      Treasury secretary says circumventing Congress with 14th amendment was ‘among the not-good options’

    • Thursday, 4 May, 2023
      Gillian Tett
      Investors are waking up to America’s debt dysfunction

      Market movements suggest concerns about the state of the fiscal debate on Capitol Hill are growing

    • Monday, 1 May, 2023
      US politics & policy
      US government risks running out of cash as soon as June 1, Yellen warns

      Biden invites Kevin McCarthy to White House next week as worries grow about debt ceiling crisis

    • Friday, 28 April, 2023
      Undercover EconomistTim Harford
      The very good reason not to hold referendums

      It’s to do with something called ‘availability bias’ and you’re probably affected

    Previous page You are on page 1 Next page

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