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.
-
Caitlin Clark ruled out for Saturday's game against the Sparks
Fever head coach Stephanie White said on Friday that Clark will not play in the Fever's game against the Los Angeles Sparks on Saturday.
Body of Indianapolis man found in retention pond after canoe overturns
Indiana conservation officers are searching for a 54-year-old man who went missing after his canoe capsized in a northwest side retention pond on Thursday.
July 1 is almost here — Here are the Indiana laws going into effect
July 1 marks more than just the start of a new month for Hoosiers — it's the day a series of new state laws officially go into effect. Here's a look at what's changing.
2 people shot near Lugar Towers apartments in downtown Indy; 1 detained
Indianapolis police say a woman is in critical condition after being shot at a downtown apartment complex early Friday morning.
