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The Treasury Department is taking “extraordinary steps” to prevent a default that could do “irreparable harm” to the economy. Congress and the White House have to — yet, again — agree to raise the What happens if the US defaults on its debt? The mechanics of the ... off-again negotiations over raising the nation's FRONTLINE investigated how a clash of politics and personalities in 2012-2013 took the U.S. economy to the edge of the “fiscal ... ... high-stakes battle over the debt limit but what exactly is that the debt limit also known as the
Correspondent David Pogue explains why negotiations over how America pays its bills have devolved into what one observer ... Economics Professor Cameron Harwick explains government debt, the David Beers, former S&P head of sovereign credit ratings, joins 'Squawk on the Street' to discuss if Beers is getting any flashbacks ... The president and political leaders debate whether to raise the What could bring the world's richest country to its knees? Meet the
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The Debt Ceiling Explained: Why You Should Care
What is the debt ceiling?
U.S. reaches debt ceiling but AVOIDS default for now
What Happens if the U.S. Debt Ceiling Is Hit? | WSJ
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Last Updated: May 23, 2026
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