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Business

What the Debt Ceiling Means for Social Security and More

The federal government is about two weeks away from being unable to pay its bills — and that could delay…

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Business

Biden accuses Republicans of being ‘reckless’ over the debt limit increase.

WASHINGTON — President Biden excoriated Republicans on Monday for blocking his party’s efforts to raise the debt ceiling weeks before…

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Business

What a U.S. Debt Default Would Look Like

Treasury Secretary Janet Yellen told Congress that the debt limit must be raised by Oct. 18.Credit...Stefani Reynolds for The New…

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Business

America’s Need to Pay Its Bills Has Spawned a Political Game

WASHINGTON — For nearly two decades, lawmakers in Washington have waged an escalating display of brinkmanship over the federal government’s…

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Business

As Debt Default Looms, Yellen Faces Her Biggest Test Yet

WASHINGTON — When Janet L. Yellen was Federal Reserve chair in 2014, she faced a grilling from Republicans about whether…

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