debt ceiling

  • Senior Correspondent Mike Causey says the G fund becomes a political football each time Congress debates raising the debt ceiling, and that makes many investors nervous.

    December 14, 2017
  • The Treasury Department will have to take extraordinary measures, which may include borrowing from the Thrift Savings Plan's G fund, for the next few months in order to keep the federal government from defaulting on its debts.

    December 12, 2017
  • President Donald Trump once again threatened the possibility of a government shutdown, this time over funding for the construction of a wall along the southern border.

    August 24, 2017
  • Budget experts say it's only prudent for federal contractors to start preparing now for a possible government shutdown on Oct. 1.

    August 14, 2017
  • The House passed a "minibus" of 2018 spending bills before leaving town for a month-long recess. Budget experts say the possibility of sequestration isn't the only reason why the minibus has little chance of survival.

    August 02, 2017
  • The Congressional Budget Office detailed in a new projection that the government would hit the debt limit by March 15, and Treasury would have to take extraordinary steps to keep the nation from defaulting.

    March 08, 2017
  • House Speaker John Boehner (R-Ohio) wants to make one last budget deal before he leaves Congress at the end of the week. The two-year deal is expected to designate increases in defense spending as Overseas Contingency Operations funds, and would boost civilian agency spending as well, though not at the levels President Barack Obama requested.

    October 26, 2015
  • Would you rather be attacked and eaten by a great white shark, a saltwater crocodile or a hungry tiger? It's your call. The you-must-choose game is one my kids played with me when they were younger, and now federal workers get to play — or rather be pawns in — a version of that no-win game every couple of years when shutdowns are on the table.

    October 20, 2015
  • Imagine if Washington-based politicians had run the first Christopher Columbus expedition. With the “New World” just over the horizon, a fast messenger ship arrives from Spain with startling news — the government has been shut down. The Niña, Pinta and Santa Maria are ordered to drop anchor. And do nothing.

    October 13, 2015
  • Senate Majority Leader Mitch McConnell (R-Ky.) has promised that Congress will not shut down the government or threaten to default on the national debt. To do that, they'll need to pass a spending bill after the August recess and then address the debt ceiling. The Bipartisan Policy Center predicts a deadline for raising the borrowing cap will fall in November or December. Steve Bell is senior director of economic policy at the Bipartisan Policy Center. He joined Tom Temin on the Federal Drive with more on the budget outlook.

    August 17, 2015
  • Bloomberg Government's Chris Payne and Cameron Leuthy will talk about the government shutdown and how it is affecting contracting and agency missions. October 15, 2013

    October 15, 2013
  • Two weeks into a government shutdown that has hamstrung federal agencies and sent large sections of their employees home without pay, Congress is heading for another last-minute showdown — this time over raising the government's borrowing authority, known as the debt ceiling.

    October 15, 2013
  • Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell spoke by phone Sunday but failed to agree on a deal to raise the nation's borrowing authority above the $16.7 trillion debt limit or reopen a government still shuttered on its 14th day.

    October 14, 2013
  • On this week's Capital Impact show, Bloomberg Government analysts discuss how the debt limit and furloughs are affecting the economy, and how a case being reviewed by the Supreme Court, could impact future elections. October 10, 2013

    October 10, 2013

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