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Ben Werschkul is Washington correspondent for Yahoo Finance covering economic policy and the intersection of financial issues and the nation's capital. He has covered Washington for over 20 years as a reporter and video producer, working previously at The New York Times and CNN.
Yahoo FinanceBiden and McCarthy have a debt ceiling deal. Here’s what’s in it.
The deal announced by President Biden and House Speaker Kevin McCarthy would make an array of changes to how the US government operates.
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Biden and McCarthy agree to raise the US debt ceiling
The deal, in enacted by Congress, would take the volatile issue off the table beyond the next presidential election.
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Debt ceiling: What a US default could look like
If the US defaults on its debt, America could be in for a crisis that unfurls more economic damage with each passing day.
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Debt ceiling: Progressives apply new pressure as economic risks of brinkmanship climb
Rising unrest from liberal Democrats is adding another complication to debt-ceiling talks as investors grow more worried about fallout from the crisis.
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Debt ceiling talks stall amid pushback from Kevin McCarthy’s right flank
The latest stalemate is in no small part because of an effort by the most conservative Republicans to preemptively kill any bipartisan deal.
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Debt ceiling: Guarded optimism as talks focus on spending caps
There are signals from negotiators that there is a space for compromise on the central issue of government spending levels.
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Debt ceiling: Biden and McCarthy strike optimistic tone on latest talks
Both sides offered upbeat takes on where things stand even as issues remain unresolved.
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Debt ceiling: Washington grapples with ‘hard choices’ if no deal is in place by June 1
As President Joe Biden and House Speaker Kevin McCarthy meet again Monday, some are publicly planning for what the world could look like on June 1 with no deal in place.
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Biden and McCarthy to meet Monday for debt ceiling negotiations
President Joe Biden is heading back to Washington DC, where debt ceiling talks continue to flounder.
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Debt ceiling: Support for 14th amendment solution mounts on Capitol Hill
The support on Capitol Hill for what was once a fringe legal theory is growing by the hour as the debt ceiling talks head into their final days.
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The Democrats' long-shot plan to solve the debt-ceiling crisis
House Democrats on Wednesday formally began the next phase of a maneuver that aims to make an end run around House Speaker Kevin McCarthy.
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'We've got a lot of work to do': Biden and McCarthy have new negotiators but no deal
Democratic and Republican leaders walked out of the Oval Office apparently only a little closer to an agreement.
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Debt ceiling: Biden and McCarthy to meet amid new uncertainty about a deal
The path to a debt-ceiling pact before a possible market-rattling default next month has turned cloudy as the stakes mount.
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Debt ceiling: Two key issues in focus as McCarthy says sides 'far apart'
President Biden and Congressional leaders appear likely to gather in the coming day as ongoing talks among their aides appear to be making some progress.
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Debt ceiling: How the 2023 drama is ‘100% different’ than 2011
For months now, Washington and Wall Street have been looking to 2011 as a guide to the current crisis. But there are some key differences.
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What’s on the table of the US debt ceiling talks
There have been an increasing number of hints in recent days about what could possibly end up in a debt ceiling deal.
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Friday’s debt-ceiling meeting at the White House is postponed
The delay comes after two days of talks that have featured goodwill but apparently little in the way of concrete progress.
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Fixing the debt ceiling with the 14th amendment could cause a recession. A top economist says it might be necessary.
The idea of President Biden trying to unilaterally cancel the debt ceiling by invoking a Civil War-era law appears to be gaining traction.
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‘I didn’t see any new movement’: Debt ceiling talks kick off with little signs of progress
House Speaker Kevin McCarthy suggested a debt-ceiling meeting with President Joe Biden Tuesday didn’t break any new ground but also offered a glimmer of hope.
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Watch for these 5 signals from the White House debt-ceiling talks
A meeting between Joe Biden and Kevin McCarthy could offer signs that lawmakers see a path forward or show that hopes are dimming for bipartisan compromise in the weeks ahead.