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McCarthy tries to get out of his box on debt ceiling House Speaker Kevin McCarthy (R-Calif.) is pressing for Democrats to come to the bargaining table and begin negotiations to address the nation’s debt limit, as he faces pressures within his party to make good on significant fiscal reform. McCarthy called on the White House to start…
Treasury resorts to ‘extraordinary measures’ after US hits debt limit Treasury Secretary Janet Yellen on Thursday notified congressional leaders that her office will begin to implement “extraordinary measures” to keep the U.S. government from defaulting on its debt. The nation’s debt climbed to more than $31.4 trillion this week, federal financial data shows, crossing the threshold set by…