Debt-ceiling talks raise concerns over economic disaster.
TL;DR Summary
Negotiations over raising the debt ceiling continue into the weekend, with Democrats and Republicans at odds over spending cuts. Democrats are pushing for a clean debt ceiling increase, while Republicans are demanding spending cuts to offset the increase. The Treasury Department has warned that the U.S. could default on its debt if the ceiling is not raised by October 18th.
- Debt-Ceiling Talks Head Into Weekend With Spending Cuts in Focus The Wall Street Journal
- What Republicans, White House are saying about debt ceiling talks pause CBS News
- Donald Trump Sets Impossible Bar for Kevin McCarthy in Debt-Limit Talks Yahoo Finance
- Debt ceiling clash should push states to rely less on federal money The Hill
- Opinion: This U.S. debt ceiling standoff isn't like before – economic disaster could happen The Globe and Mail
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