Sentences with phrase «u.s. debt ceiling»

We are now nine days into the government shutdown and eight days away from reaching the U.S. debt ceiling.

Unlike previous selloffs — such as those sparked by the U.S. debt ceiling or numerous European woes — there was no clear catalyst for the late August, early September meltdown.

Foreign demand for Treasury debt is expected to stay strong this year, helped by a congressional agreement to avoid a fight over the U.S. debt ceiling until March 2015.

[245] The most recent increase in the U.S. debt ceiling to $ 17.2 trillion took effect in February 2014.

Examples in recent years include the dispute over the U.S. debt ceiling and European political turmoil.

Specifically, there is great concern that low volatility in the markets is bound to reverse, that investors are ignoring the real concerns about North Korea, a U.S. debt ceiling that expires this fall, an unpredictable president and Washington gridlock.

Further, according to BofA - Merrill's analyst team at a midyear press conference on Wednesday in New York, any positive budgetary effect of the tax increases would be overshadowed by the growing burden of the U.S. debt ceiling as spending and hiring decisions are put on hold and the election heightens partisanship.

And only a few days ago all the world's eyes were focused on the U.S. debt ceiling.

Not exact matches

The U.S. government will reach its borrowing limit, or debt ceiling, by Oct. 1.

While both plans would increase the debt ceiling, ratings agencies have said a short - term increase such as the one proposed by House Republicans may not be enough to protect the U.S. from a ratings downgrade.

China's credit agency Dagong lowered its U.S. sovereign credit rating from A to A - on Thursday, even after the debt ceiling had been lifted.

After pinching pennies to avoid a U.S. default on debts in July, U.S. Treasury Secretary Tim Geithner now insists Uncle Sam will have to break its obligations to creditors in August unless the federal government's debt ceiling is raised.

Irish betting site Paddy Power is now listing the odds of the U.S. lifting its debt - ceiling at 1/5 ($ 1.20 return for $ 1 stake) and the odds of default at 3/1 ($ 4 for $ 1 stake).

Does anyone think the current discussions on raising the U.S. government's debt ceiling will result in anything other than approval?

Even a debt - ceiling breach of a week or two during which the U.S. Treasury keeps making principal and interest payments to bond holders might hurt the U.S.'s rating.

«And even more importantly, a failure to promptly raise the debt ceiling, leading to a U.S. selective default, could seriously damage the global economy and financial system.»

At the end of the day, though, the biggest threat to Canada might likely come not from financial markets, but from what a debt ceiling breach would do to U.S. consumer and business confidence and thus the pace of growth south of the border.

The cliff is the default outcome of the Budget Control Act of 2011, a federal statute that helped bring the U.S. debt - ceiling crisis to an end.

As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.

The contours of the deal that would re-open the U.S. government and lift the debt - ceiling keep changing by the hour.

Such an outcome would be undesirable for the world's investors, however, which explains why ratings agency Standard & Poor's moved to downgrade U.S. treasury bills to AA + after the debt - ceiling deal had been reached.

Following the U.S. debt - ceiling debacle, Americans exceedingly are skittish.

It is that «U.S. policymakers will prevent the drastic automatic tax increases and spending cutbacks (the fiscal cliff) implied by existing budget law, raise the federal debt ceiling in a timely manner, and make good progress toward a comprehensive plan to restore fiscal sustainability.»

In addition, the debt ceiling will need to be raised by the summer and longer - term fiscal challenges still need to be addressed in the upcoming U.S. budget.

Many Democrats claim the plan — which includes both corporate and income tax reform — favors only the top earners, while fiscal conservatives worry the tax cuts could dig the U.S. deeper into deficit spending and add to the already - mountainous national debt, requiring another showdown over raising the debt ceiling.

U.S. stocks rose after two top Democratic leaders said Donald Trump would support a plan to raise the debt ceiling for three months.

U.S. stocks rebounded Wednesday after President Trump backed a Democratic plan to combine raising the debt ceiling with support for Hurricane Harvey.

«Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset,» Zezas adds.

Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset.

On Monday, the Dow finished down 4.6 percent, the biggest decline in percentage terms since August 2011, when investors were fretting over Europe's debt crisis and the debt ceiling impasse in Washington that prompted a U.S. credit rating downgrade.

In the middle of a showdown over the federal debt ceiling, Standard and Poor's downgraded the U.S. credit rating for the first time, from AAA to AA + with a negative outlook.

«The choice for Republicans is clear: they can keep Richard Hanna, who votes to raise taxes, to extend U.S. debt to economically dangerous levels by voting with Obama, Reid and Pelosi to raise the debt ceiling while bankrupting our nation, or they can choose a commonsense Republican like me who has a proven record of voting to reduce taxes, voting against the implementation of Obamacare in New York, votes against funding an illegal database (including ammunition database) against legal gun owners, voting against increasing our debt ceiling in New York and supports countless initiatives to reduce the burdens of government red tape on individuals and small businesses, including family farms,» Tenney said.

The only way the U.S. will immediately default upon reaching the debt ceiling is if the government actively chooses to do so by not making debt payments.»

Looming in the background is the possibility that Congress will not vote to raise the debt ceiling, forcing the U.S. to default for the first time in history.

The U.S. is scheduled to hit the debt ceiling in March 2015, setting the stage for a political showdown as the potential for default is leveraged for political concessions.

U.S. Rep. Paul Tonko, D - Amsterdam, would not say how he'll vote on the debt - ceiling deal being worked over in Washington today, but he made it clear in a radio interview today he doesn't like it.

U.S. Senate Majority Leader Mitch McConnell insisted there's no chance — zero, in fact — that the U.S. will pierce the debt ceiling.

(CNN)- Two days before the deadline for a possible U.S. government default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit - reduction steps, Senate leaders announced.

The U.S. Human Rights Network released a podcast that examines the human rights implications of the recent federal debates about U.S. government debt and the debt ceiling.

U.S. Secretary of Education Arne Duncan faced many questions from members of the Senate Appropriations subcommittee on education, where concerns about spending were heightened by the prolonged negotiations over the debt ceiling.

On August 2, President Obama signed the bill debt ceiling that passed Congress and the Senate and the U.S. stock market fell almost 300 points.

Once in the financial crisis, once in 2011 just following the debt ceiling crisis and U.S. downgrade, and for a very short time in the 2010 flash crash.

But the U.S. has completed its deleveraging cycle; personal debt was reined in, real estate went through its precipitous decline and Washington hit its debt ceiling.

Due to the Federal Government shutdown in Washington, DC along with the debt ceiling issue looming, the U.S. dollar has fallen -LSB-...]

The action in the Treasury market during the debt - ceiling standoff certainly affirmed investor confidence in U.S. debt.

(Note: this interview took place in the days before Congress and the president passed legislation elevating the debt ceiling and S&P lowering its credit rating for the U.S.).

Lewis: I'm very concerned about it, [Not raising] that debt ceiling, for the rating agencies to somehow lower the sanctity and the ability for the U.S. to meet its obligations both here and abroad, clearly those have significant consequences to the industry in a broad way.

Analysts at First Data Corporation say that consumers began spending significantly more toward the end of the month, after the U.S. government was reopened and the impasse over the federal debt ceiling was temporarily resolved.

If you watched any American TV this summer, all you would have heard about was the U.S. debt - ceiling crisis in Congress, a contrived event, designed to embarrass President Barack Obama.

Meanwhile, the U.S. government remains divided on key issues across the board — from the contentious vote to raise the debt ceiling to current debates on how to reduce the $ 14.94 trillion federal debt and cut deficits projected to be more than $ 1 trillion annually.