US Default Deadline Adjusted; White House Stays Optimistic

US Default Deadline Adjusted; White House Stays Optimistic

US Treasury Secretary Janet Yellen has updated the country's debt default deadline to June 5.
US Debt Ceiling Talks Take Bad Turn Amid Spending Issues

US Debt Ceiling Talks Take Bad Turn After Joe Biden’s Promise That It Won’t Default

By BERT HOOVER
After a brief pause, talks to increase the US debt ceiling and avert a default that could have devastating effects on the global economy resumed on Friday.
Joe Biden Squashes US Debt Default Fears with Strong Message

Joe Biden Quashes US Debt Default Fears with Strong Message to Americans

By BERT HOOVER
An agreement to lift the US debt ceiling is within reach, President Joe Biden and Republican leaders said after impromptu negotiations at the White House.
Social Security Update: Major Delays, Big Cuts Feared as US Hits Debt Ceiling

Social Security Update: Major Delays, Big Cuts Feared as US Hits Debt Ceiling

By Mary Webber
The U.S. debt ceiling prompted the Treasury Department to start imposing "extraordinary measures" on Thursday. The amount of money the government can borrow now stands at $31.4 trillion.
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