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    • Gateway - Quartz

      Quartz· 3 days ago

      The House of Representatives yesterday (May 31) voted in favor of the Fiscal Responsibility Act to freeze the debt ceiling. The agreement that president Joe Biden and House ...

    • Gateway - Quartz

      Quartz· 2 days ago

      Congress is putting US Treasury Secretary Janet Yellen in a tough spot. As a result, no one is certain when the US will breach its debt ceiling. Yellen thinks it will be as ...

    • Gateway - Quartz

      Quartz· 2 days ago

      If the Supreme Court knocks down US President Joe Biden’s attempt to wipe out a chunk of the nation’s student loan debt, it’s unlikely that Biden will pursue other population-wide ...

    • Gateway - Quartz

      Quartz· 2 days ago

      In short, the agreement solves a problem the US shouldn’t have faced in the first place, puts some limits on a small chunk of government spending, and makes some policy changes that range from ...

    • Gateway - Quartz

      Quartz· 3 days ago

      The US has a deal to suspend the debt limit, but it still may get its credit rating cut. Fitch Ratings says the country’s AAA rating remains in jeopardy because of the prospects ...