The U.S. Treasury holds weekly T-bill auctions. That’s not news, but in the 4 weekly auctions held before the Oct. 19 auctions, the 1-month T-bill was priced to yield 0.00%.
If the federal debt ceiling isn’t raised by Nov. 5, Uncle Sam won’t be able to pay his bills. The deadline was adjusted in part because of reduced tax receipts.
Some lawmakers warn a debt ceiling fight could slow refunds even more.
Will Washington fail again? A fresh series of budget deadlines is fast approaching.
Congress finally passed legislation to end the shutdown. And rates did the unexpected.
Congress has dodged U.S. default. But the clock is ticking once again.
Social Security checks could be delayed if Congress doesn’t raise the debt ceiling quickly.
American Bankers Association CEO Frank Keating tells Congress to raise the debt ceiling.
President Barack Obama says he’s open to a short-term budget and debt ceiling deal.
In true horror movie fashion, the debt ceiling is closing in on the U.S. economy.