Debt Ceiling – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Tue, 19 Sep 2023 22:42:17 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 US National Debt Reaches $33 Trillion: A Complex Web of Politics, Spending, and Economic Challenges https://www.eutimes.net/2023/09/us-national-debt-reaches-33-trillion-a-complex-web-of-politics-spending-and-economic-challenges/ https://www.eutimes.net/2023/09/us-national-debt-reaches-33-trillion-a-complex-web-of-politics-spending-and-economic-challenges/#respond Tue, 19 Sep 2023 22:42:17 +0000 https://www.eutimes.net/?p=71566 The U.S. Treasury Department made a sobering announcement on Monday, revealing that the nation’s debt has soared to a staggering $33 trillion. This financial milestone arrives amid the backdrop of intense political negotiations over government spending in the nation’s capital, shedding light on the intricate web of fiscal, political, and economic challenges facing the United […]

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]]> https://www.eutimes.net/2023/09/us-national-debt-reaches-33-trillion-a-complex-web-of-politics-spending-and-economic-challenges/feed/ 0 US blows through $18 trillion Debt Limit https://www.eutimes.net/2015/03/us-blows-through-18-trillion-debt-limit/ https://www.eutimes.net/2015/03/us-blows-through-18-trillion-debt-limit/#respond Tue, 17 Mar 2015 11:04:38 +0000 http://www.eutimes.net/?p=36487 On Monday, the US reached its legal debt limit of $18 trillion, more than the country’s entire GDP. Lawmakers will either have to again lift it, or attempt to cap spending. As of March 12, the US Treasury reported federal debt at $18,114,324,000,000.00 in its daily treasury statement. This figure is above the statutory debt […]

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]]> https://www.eutimes.net/2015/03/us-blows-through-18-trillion-debt-limit/feed/ 0 US Senate to announce debt limit deal https://www.eutimes.net/2013/10/us-senate-to-announce-debt-limit-deal/ https://www.eutimes.net/2013/10/us-senate-to-announce-debt-limit-deal/#respond Wed, 16 Oct 2013 17:34:56 +0000 http://www.eutimes.net/?p=29672 Republican and Democratic leaders in the US Senate are reportedly “very close” to announcing a deal on the nation’s borrowing authority that would avert an unprecedented default on US debt. Harry Reid and Mitch McConnell, the Senate majority and minority leaders held talks on Wednesday morning as the Thursday deadline on the debt limit is […]

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]]> https://www.eutimes.net/2013/10/us-senate-to-announce-debt-limit-deal/feed/ 0 Plan B: Central banks getting ready for financial Armageddon https://www.eutimes.net/2013/10/plan-b-central-banks-getting-ready-for-financial-armageddon/ https://www.eutimes.net/2013/10/plan-b-central-banks-getting-ready-for-financial-armageddon/#comments Tue, 15 Oct 2013 17:09:13 +0000 http://www.eutimes.net/?p=29654 If the US debt-ceiling debate goes past the eleventh hour, and the default of the world’s largest economy becomes a reality, leading central banks around the world are gearing up to minimize losses and keep the world economy functioning. If US lawmakers don’t reach a budget consensus and raise the debt ceiling by Thursday October […]

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]]> https://www.eutimes.net/2013/10/plan-b-central-banks-getting-ready-for-financial-armageddon/feed/ 2 Obama refuses to raise debt ceiling for 6 weeks https://www.eutimes.net/2013/10/obama-refuses-to-raise-debt-ceiling-for-6-weeks/ https://www.eutimes.net/2013/10/obama-refuses-to-raise-debt-ceiling-for-6-weeks/#respond Fri, 11 Oct 2013 14:33:02 +0000 http://www.eutimes.net/?p=29603 President Obama has rejected raising America’s debt ceiling for 6 weeks beyond the October 17 deadline. The compromise was put forward by congressional Republicans, who sought to win time for negotiation and avert an unprecedented US default next week. No specific budget decision was taken in the White House on Thursday, where President Obama met […]

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]]> https://www.eutimes.net/2013/10/obama-refuses-to-raise-debt-ceiling-for-6-weeks/feed/ 0 Kerry: Prolonged political crisis to weaken US https://www.eutimes.net/2013/10/kerry-prolonged-political-crisis-to-weaken-us/ https://www.eutimes.net/2013/10/kerry-prolonged-political-crisis-to-weaken-us/#comments Sat, 05 Oct 2013 14:40:49 +0000 http://www.eutimes.net/?p=29533 US Secretary of State John Kerry has warned that a prolonged political crisis in Washington would weaken the country at a global level as a political stalemate in the US has forced the federal government shutdown to stretch into its fifth day. “If it were prolonged, or repeated, people would begin to question the willingness […]

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]]> https://www.eutimes.net/2013/10/kerry-prolonged-political-crisis-to-weaken-us/feed/ 1 US Treasury: Default would be ‘catastrophic’ https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/ https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/#respond Thu, 03 Oct 2013 22:46:40 +0000 http://www.eutimes.net/?p=29515 The US Treasury has warned of catastrophic effects if a political stalemate over raising the government’s debt limit forces a US default on its obligations. The federal government is expected to exhaust its cash reserves by October 17 and if US lawmakers do not reach an agreement to raise the nation’s debt ceiling, the government […]

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]]> https://www.eutimes.net/2013/10/us-treasury-default-would-be-catastrophic/feed/ 0 Asia, Europe markets fall over possible US shutdown https://www.eutimes.net/2013/10/asia-europe-markets-fall-over-possible-us-shutdown/ https://www.eutimes.net/2013/10/asia-europe-markets-fall-over-possible-us-shutdown/#respond Tue, 01 Oct 2013 19:35:31 +0000 http://www.eutimes.net/?p=29492 Financial markets in Asia and Europe have been rocked over concerns that the United States’ government might be heading for a partial shutdown. Washington should agree to a new spending bill before the end of the financial year at midnight on Monday amid political divisions that have created a stalemate. If the American lawmakers fail […]

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]]> https://www.eutimes.net/2013/10/asia-europe-markets-fall-over-possible-us-shutdown/feed/ 0 House raises debt ceiling to avoid US default https://www.eutimes.net/2013/01/house-raises-debt-ceiling-to-avoid-us-default/ https://www.eutimes.net/2013/01/house-raises-debt-ceiling-to-avoid-us-default/#respond Fri, 25 Jan 2013 12:29:47 +0000 http://www.eutimes.net/?p=25703 The House voted on legislation Wednesday that will raise the debt ceiling for three months and delay a US default. Even though this is just a short term fix, the Obama administration said it supports it. The legislation prevented a devastating default of US debt and payments next month and instead give Congress three more […]

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