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Department of Treasury Newsletter
  • Russian central bank sees bad scenario for U.S. debt as unlikely 29 May 2023 09:35 GMT

    … exports, so this will reach us, as usual, through the … scenario," Yudayeva said. U.S. President Joe Biden said last … but not finished yet. The U.S. debt ceiling is currently $ … deal is not reached, the Treasury Department could run out of money …

  • Debt ceiling agreement locks in Biden’s proposed defense budget 29 May 2023 03:01 GMT

    … debt ceiling and avoid a U.S. default. “We cut spending … the defense topline to Biden’s proposed $886 billion, numerous … later this week. The Treasury Department has said it expects to … Defense News. He has covered U.S. foreign policy, national security, …

  • Biden, McCarthy May Have Agreed On Debt Ceiling But Here's Why A Barrage Of T-Bills Is Bad News For Households 29 May 2023 02:15 GMT

    … -term borrowing rates. The Treasury Department is expected to soon replenish … to the Federal Reserve's aggressive monetary policy, short- … market," he said. The U.S. cash stockpile, or the … citing the department's estimates at the beginning of …

  • Poor GenXers without dependents targeted by US debt ceiling work requirements 29 May 2023 00:50 GMT

    … The debt ceiling deal that U.S. President Joe Biden and … impact one segment of the U.S. population specifically - GenXers … divided Congress before the Treasury Department runs short of money … back to work. The U.S.'s approximately 65 million members …

  • Debt ceiling showdown "was incredibly costly" to U.S., economic expert says 28 May 2023 13:42 GMT

    … And until this weekend's negotiations, that "debt … like the Federal Reserve, the Treasury Department, and the Congressional Budget … called into question whether the U.S. government would actually pay … make it more expensive for us to borrow in the …

  • Biden and McCarthy strike U.S. debt ceiling deal 28 May 2023 11:44 GMT

    … through Congress before the U.S. government exhausts its resources … on Saturday evening. There’s more groundwork to be … McCarthy affirmed. The agreement’s ultimate goal is to … s successful passage through a narrowly split Congress before the Treasury Department

  • "Terrible policy": Jayapal says White House still has to worry about CPC's debt ceiling deal support 28 May 2023 21:01 GMT

    … infuriate the Democratic Party's left flank. Jayapal (D … things" she's hearing about the tentative agreement … debt ceiling agreement's real-term spending cuts, … agreement. The Treasury Department warned Friday that the U.S. government will …

  • Biden, McCarthy have tentative U.S. debt ceiling deal 28 May 2023 07:44 GMT

    … narrowly divided Congress before the Treasury Department runs short of money to … the Internal Revenue Service, the U.S. tax agency. They said they … slow the growth of the U.S. debt, which is now … output of the country's economy. Negotiators have agreed to …

  • Biden and McCarthy reach last-minute deal to raise U.S. debt limit 28 May 2023 02:03 GMT

    … June 5, when the Treasury Department projects the government will … said Ryan Sweet, chief U.S. economist at Oxford Economics. … the debt ceiling” threatened the U.S. rating — the highest available … Standard & Poor’s downgraded the U.S. credit rating as a …

  • Biden and McCarthy reach tentative deal on U.S. debt ceiling 28 May 2023 02:00 GMT

    … narrowly divided Congress before the Treasury Department runs short of money to … the Internal Revenue Service, the U.S. tax agency. They said they … slow the growth of the U.S. debt, which is now … fueling the growth of the U.S. debt, which is now roughly …

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