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.
-
Hundreds protest plan to convert Camp Atterbury into ICE detention center
Sunday afternoon, hundreds gathered at Johnson County Park to protest a federal plan that would turn nearby Camp Atterbury into an ICE detention facility.
Fortville community rallies around family, spreads awareness about rare disorder
Proceeds raised from Kammy’s Kause go to support the 4P Minus Support Group, which offers resources, advocacy and education for families navigating the disorder.
Forrest Lucas, founder of Lucas Oil, passes away
Lucas Oil Products announced that the company's founder, Forrest Lucas, passed away at age 83 on Saturday.
Willow Center packs mental wellness toolkits for Brownsburg students, staff
As students head back to classrooms, a local mental health organization is making sure they don't walk in alone.
