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Tag Archives: debt ceiling

Obama challenges GOP to compromise on debt

WASHINGTON — President Barack Obama declared on Monday there would be no deal on raising the government’s debt limit if Republicans won’t compromise, and he said he would not sign a short-term extension — raising the stakes on volatile negotiations ...

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IMF urges U.S. lawmakers to raise $14.3T debt limit

WASHINGTON — The International Monetary Fund urged U.S. lawmakers Wednesday to raise America’s borrowing limit. It warned that inaction could lead to a spike in interest rates that would harm the U.S. economy and world financial markets. The debt limit ...

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House to reject debt limit increase without cuts

WASHINGTON — The GOP-led House is poised to reject a bill Tuesday to increase the nation’s debt limit without the big spending cuts that Republicans are demanding. The move is intended as an embarrassing reminder to Democrats that increasing the ...

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