Federal Debt Ceiling
We took a break from the Wrap while Congress adjourned for August recess, but this month was nonetheless a busy one. Catch up quickly on updates from while we were…
Here’s what we know on the Biden/McCarthy deal to suspend the debt ceiling for two years.
As the federal government continues to move closer to its debt ceiling x-date, all options are on the table.
Speaker McCarthy released a bill to raise the debt ceiling in exchange for a number of Republican priorities. What we know and don’t know.
Big news of the week: The Federal Reserve Bank raises rates 25 bp and signals more to come.
Treasury Secretary Yellen announced the U.S. had reached its statutory debt limit and would implement extraordinary measures. Notably absent— any mention of SLGS suspension.