RASCOE

RASCOE: So if the government does not raise the debt ceiling, it means it defaults on its bills, runs out of money, can't borrow anymore. And Treasury Secretary Janet

The Treasury secretary urged Congress to extend the debt ceiling by mid-July, before its annual August recess, raising the stakes for the GOP's massive bill for Trump's

What happens if the U.S. defaults? How the debt ceiling could

How the U.S. Debt Ceiling May Affect Regular Americans

Explainer: How could a US debt ceiling default hit regular

What is the debt ceiling and how defaulting could affect - Denver7

It

How a default on the debt ceiling would affect the average American

It's something that has never happened, but if it does, Americans will likely be affected. Delayed payments or defaults could affect social security payments, veterans'

If the U.S. defaults on its debt, the consequences could ripple across the economy, impacting everything from global markets to everyday Americans. Key programs like

Although the development has caused

What Happens If the U.S. Hits The Debt Ceiling Limit?

Explainer: How Could Failure to Lift US Debt Ceiling Hit

Although the development has caused worry among lawmakers and finance experts, many regular citizens are not aware of how it may affect their daily lives. The U.S.

If the U

If the U.S. Congress and the White House failed to lift the self-imposed $31.4 trillion legal limit on federal debt, the Treasury Department could start missing payments

The debt ceiling is the maximum amount of money the government can borrow, instituted by Congress in 2025 to help deter over-borrowing. Since 2025, Congress

US Debt Limit Nail-Biter Looms as Senate Ponders Tax Bill

Chances of a close brush

Chances of a close brush with a US payment default are growing as the Senate plans for time-consuming revisions to President Donald Trump’s sprawling, multi

Treasury Dept. asks Congress to raise debt ceiling before August

What the Debt Ceiling Crisis Means for Your Money - U.S. News