Congress Won’t Let The US Default on Its Debt...

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The clock is ticking for Congress to raise or suspend the debt limit. Otherwise, the US will default on its debt for the first time in history. CNN Political Director David Chalian explains the impact this would have on the country and the political factors at play. President Joe ...  Show more

In the past decade or more, votes over increasing the U.S. debt ceiling have increasingly been used as a political tool. That has led to intense showdowns in 2011, 2013 and, now, 2023. 

This year, both sides of the argument are dug in and Republicans appear more willing ...

In a high-stakes showdown this week, President Biden and the leaders of congress met face to face in an effort to avoid the United States defaulting on its debt for the first time in history.

Jim Tankersley, a White House correspondent for The Times, explains how close t ...

Top White House officials and Republican lawmakers are racing to reach an agreement as the date when the United States is projected to default on its debt approaches.

Jim Tankersley, who covers the White House for The New York Times, looks at the state of the negotiation ...