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.
-
Lebanon Utilities plans pipeline to Eagle Creek Reservoir
Lebanon Utilities confirms it is surveying areas for a pipeline that would pump wastewater from Lebanon into the Eagle Creek Reservoir.
Indianapolis residents face mixed experiences with USPS during holiday season
A busy holiday shipping season has left some Indianapolis residents frustrated with postal service delays, while others report smooth deliveries during the holiday rush.
Two teens charged in armed robbery spree targeting Indianapolis delivery drivers
Two teenagers are facing multiple felony charges after prosecutors say they are accused of carrying out a string of armed robberies targeting delivery drivers on Indianapolis' east side.
Indy's first black-owned pediatric care clinic celebrates five years
The first Black-owned, pediatric-focused care clinic in Indianapolis is now celebrating five years of helping those in the community and even expanding its efforts to help adults in need.
