US debt ceiling
31 May 2023
The US debt ceiling deal still needs to pass in the voting round expected to take place in the House of Representatives.
27 May 2023
US President Joe Biden is meeting with Republican House Speaker Kevin McCarthy this Monday, resuming talks on raising the government's borrowing limit. Washington has until June 1 to reach a deal before the government runs out of money to pay its bills, which would send shockwaves through the US economy and global financial markets.
9 May 2023
The US government could start to run out of money if Congress fails to raise the debt ceiling by the end of the month. DW looks at the wider impact of a debt default.