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Raising the Debt Ceiling

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Make Me Smart | Episode 928

The back and forth over the debt ceiling

May 19, 2023
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I've Always Wondered ...

How could the government debt crisis affect individual investors? 

by Janet Nguyen
May 19, 2023
Financial experts advise investors to not panic, reduce debt and build savings.
President Joe Biden speaks during a White House meeting with lawmakers on the debt limit this week.
Saul Loeb/AFP via Getty Images
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Marketplace Morning Report

What's it going to take to get a debt ceiling deal?

May 19, 2023
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Make Me Smart | Episode 926

Everything you wanted to know about the debt ceiling

May 17, 2023
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COVID-19

Clawing back unspent COVID funds might contribute to a debt ceiling solution — but not much

by Henry Epp
May 15, 2023
The exact amount left from pandemic spending bills could be as little as $30 billion — a fraction of this year’s federal deficit.
Congress passed six COVID spending bills totaling $4.6 trillion, according to the Government Accountability Office. But most of that money is already gone.
Chip Somodevilla/Getty Images
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I've Always Wondered ...

Could we mint a $31 trillion coin to pay the national debt?

by Janet Nguyen
May 12, 2023
Issuing a mega-coin has been proposed as a novel solution to the country’s debt ceiling crisis.
Treasury Secretary Janet Yellen has called a trillion-dollar coin a "gimmick." Above, she inspects quarter dies at the Denver mint alongside second gentleman Douglas Emhoff in 2022.
Jason Connolly-Pool/Getty Images
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Marketplace Morning Report

Yellen warns of global financial chaos ahead of U.S. debt deadline

May 11, 2023
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Raising the Debt Ceiling

Is the federal debt limit unconstitutional? 

by Janet Nguyen
May 10, 2023
A union that represents government employees is suing the president and treasury secretary to get them to disregard the debt limit.
Treasury Secretary Janet Yellen. A government workers union is suing her and President Joe Biden, calling on them to disregard the debt ceiling.
Alex Wong/Getty Images
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Marketplace

When are markets gonna react to the debt limit drama?

May 9, 2023
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National Debt

The markets are taking debt limit uncertainty in stride — for now

by Justin Ho
May 9, 2023
Stock markets aren't upset by the debt limit debate. But that could change as the June 1 default deadline draws closer, analysts say.
The stock market doesn't have a lot to react to because little is happening in terms of raising the debt limit, says Ian Dew-Becker, a finance professor at Northwestern University. Above, a trader at the New York Stock Exchange.
Spencer Platt/Getty Images
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