WASHINGTON (AP) — What might it take to get President Joe Biden and Congress to reach a deal on raising the debt limit?
According to several economists and a former White House official, the financial markets might need to crash before lawmakers are forced to act.
Every other time before, Congress has found agreement on the debt ceiling. The question now, in a period of ever-increasing political polarization, is whether today is different.
Republicans and Democrats have been dancing around each other about the need to raise the government’s legal borrowing authority.
That maneuvering could last for several more months until the last possible moment, when the federal government would hit a currently unknown “X-date” and be unable to pay its bills.
-
Dates set for Pacers v. Bucks First Round Playoffs
The Pacers host the Milwaukee Bucks in the opening best-of-7 series. Game one will be on Saturday at Gainbridge Fieldhouse starting at 1 p.m.
Tariff anxiety could raise your rent next year
The price of rent spiked after the pandemic and has not truly come back down since. Another spike could be on the way if tariffs continue to impact the economy.
Trucking company sues for alleged $769K in unpaid invoices for donut delivery
An Anderson transportation company has filed a lawsuit alleging they’re owed hundreds of thousands of dollars for delivering donuts for Jack’s Donuts.
Hoosiers react to SNAP changes in Braun's effort to 'Make Indiana Healthy Again'
Four of Tuesday's nine executive orders could affect the nearly 600,000 Hoosiers who use the Supplemental Nutrition Assistance Program (SNAP).
