Biden and McCarthy agree on suspending the US debt ceiling Picture this: the world's largest economy is stuck in a full-blown financial disaster.
Everything you need to know about the fight to lift the US debt ceiling Moody’s Analytics predicted in early September that if the US defaulted for enough time, the economy would slide into a recession, with the gross domestic product (GDP) falling around 4%. What’s going on with the US debt ceiling? * The debt limit, also known as “the debt ceiling,” is
