US Debt Ceiling Crisis: Trump's Emergency Measures and Tariff Hike
Facing a debt ceiling crisis exceeding $36.1 trillion, the US is implementing temporary spending cuts to avoid default. President Trump, upon inauguration, announced a 25% tariff hike on Mexican and Canadian goods and established a new "Government Efficiency" ministry headed by Elon Musk to cut fede...
US Debt Ceiling Crisis: Trump's Emergency Measures and Tariff Hike
Facing a debt ceiling crisis exceeding $36.1 trillion, the US is implementing temporary spending cuts to avoid default. President Trump, upon inauguration, announced a 25% tariff hike on Mexican and Canadian goods and established a new "Government Efficiency" ministry headed by Elon Musk to cut fede...
Progress
44% Bias Score
US Averts Debt Ceiling Crisis, But Trump's Agenda Looms
The US narrowly avoids breaching its $US36.1 trillion debt ceiling with temporary measures as Treasury Secretary Janet Yellen warns of potential default if Congress fails to act; President Trump's agenda, including tax cuts, is projected to add $US7.75 trillion to the national debt over a decade.
US Averts Debt Ceiling Crisis, But Trump's Agenda Looms
The US narrowly avoids breaching its $US36.1 trillion debt ceiling with temporary measures as Treasury Secretary Janet Yellen warns of potential default if Congress fails to act; President Trump's agenda, including tax cuts, is projected to add $US7.75 trillion to the national debt over a decade.
Progress
52% Bias Score
US Debt Ceiling Reinstated, Delaying but Not Avoiding Looming Crisis
The US debt ceiling was reinstated at nearly \$36.2 trillion on Thursday, delaying the need for extraordinary measures to avoid default until mid-January, creating a political challenge for Republicans in Congress who must resolve it before a potential first-ever default.
US Debt Ceiling Reinstated, Delaying but Not Avoiding Looming Crisis
The US debt ceiling was reinstated at nearly \$36.2 trillion on Thursday, delaying the need for extraordinary measures to avoid default until mid-January, creating a political challenge for Republicans in Congress who must resolve it before a potential first-ever default.
Progress
44% Bias Score
US Faces Debt Ceiling Crisis in January 2025
Treasury Secretary Janet Yellen warned Congress that the federal government may hit its $31.4 trillion debt ceiling between January 14 and 23, 2025, requiring "extraordinary measures" to avoid default unless Congress acts; President Trump recently supported abolishing the debt ceiling.
US Faces Debt Ceiling Crisis in January 2025
Treasury Secretary Janet Yellen warned Congress that the federal government may hit its $31.4 trillion debt ceiling between January 14 and 23, 2025, requiring "extraordinary measures" to avoid default unless Congress acts; President Trump recently supported abolishing the debt ceiling.
Progress
52% Bias Score
US Government Faces Looming Debt Ceiling Crisis
Treasury Secretary Janet Yellen warned Congress on December 29, 2024 that the federal government may hit its debt limit as early as January 14, 2025, unless Congress acts or the Treasury implements "extraordinary measures", potentially leading to a government default and impacting global markets.
US Government Faces Looming Debt Ceiling Crisis
Treasury Secretary Janet Yellen warned Congress on December 29, 2024 that the federal government may hit its debt limit as early as January 14, 2025, unless Congress acts or the Treasury implements "extraordinary measures", potentially leading to a government default and impacting global markets.
Progress
48% Bias Score
Trump's Debt Ceiling Proposal Shakes Up US Politics
President-elect Trump unexpectedly called for abolishing or extending the debt ceiling until 2029, a position at odds with traditional Republican stances, prompting debate about its economic and political implications, given the over \$36 trillion national debt.
Trump's Debt Ceiling Proposal Shakes Up US Politics
President-elect Trump unexpectedly called for abolishing or extending the debt ceiling until 2029, a position at odds with traditional Republican stances, prompting debate about its economic and political implications, given the over \$36 trillion national debt.
Progress
40% Bias Score
US Debt Ceiling Breach Prompts Emergency Measures, Trump Acts
The US exceeded its $36.1 trillion debt ceiling, prompting emergency measures to avoid default, including temporary benefit payment halts. President Trump, upon inauguration, imposed tariffs and established a 'Government Efficiency' ministry to cut spending. Congress must raise or suspend the debt c...
US Debt Ceiling Breach Prompts Emergency Measures, Trump Acts
The US exceeded its $36.1 trillion debt ceiling, prompting emergency measures to avoid default, including temporary benefit payment halts. President Trump, upon inauguration, imposed tariffs and established a 'Government Efficiency' ministry to cut spending. Congress must raise or suspend the debt c...
Progress
40% Bias Score
US Debt Ceiling Crisis Looms as Congress Faces January 16th Deadline
The US will reach its $36 trillion debt limit on January 16th, prompting Treasury to use temporary measures until March 14th, when Congress must raise or suspend the limit to avoid a potential default and global economic crisis; internal divisions within the Republican party complicate this process.
US Debt Ceiling Crisis Looms as Congress Faces January 16th Deadline
The US will reach its $36 trillion debt limit on January 16th, prompting Treasury to use temporary measures until March 14th, when Congress must raise or suspend the limit to avoid a potential default and global economic crisis; internal divisions within the Republican party complicate this process.
Progress
44% Bias Score
US Debt Ceiling Reinstated, Setting Stage for January Showdown
The US debt ceiling was reinstated Thursday at nearly $36.2 trillion, but a projected dip in debt allows for continued borrowing until at least mid-January; President-elect Trump is demanding immediate action, while Republicans face internal divisions over spending cuts, setting up a major challenge...
US Debt Ceiling Reinstated, Setting Stage for January Showdown
The US debt ceiling was reinstated Thursday at nearly $36.2 trillion, but a projected dip in debt allows for continued borrowing until at least mid-January; President-elect Trump is demanding immediate action, while Republicans face internal divisions over spending cuts, setting up a major challenge...
Progress
44% Bias Score
Yellen Warns of Imminent US Debt Ceiling Crisis
Treasury Secretary Janet Yellen warned Congress on January 5th that the US government might need to start using "extraordinary measures" to avoid hitting the debt ceiling as early as January 14th, urging them to act to prevent a potential default; this comes after President Biden signed a bill last ...
Yellen Warns of Imminent US Debt Ceiling Crisis
Treasury Secretary Janet Yellen warned Congress on January 5th that the US government might need to start using "extraordinary measures" to avoid hitting the debt ceiling as early as January 14th, urging them to act to prevent a potential default; this comes after President Biden signed a bill last ...
Progress
56% Bias Score
US Debt Ceiling Reinstatement Looms, Raising Specter of Default
The US debt ceiling will be reinstated on January 2, 2025, at roughly \$36.2 trillion, prompting the Treasury to use temporary measures to avoid default. House Republicans propose a \$1.5 trillion increase paired with spending cuts, potentially creating a future crisis. A default could delay Social ...
US Debt Ceiling Reinstatement Looms, Raising Specter of Default
The US debt ceiling will be reinstated on January 2, 2025, at roughly \$36.2 trillion, prompting the Treasury to use temporary measures to avoid default. House Republicans propose a \$1.5 trillion increase paired with spending cuts, potentially creating a future crisis. A default could delay Social ...
Progress
36% Bias Score