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.
-
Bloomington considers changing building codes to address affordable housing
The goal for 2026 and beyond is to open the barriers for smaller and denser housing construction in Bloomington.
New state-of-the-art facility to bring Hancock Co Career Center under one roof
The Hancock County Career Center, known as HC3, will bring career and technical training under one roof for the first time in the county’s history.
IMPD and community partners reflect on reduction in violent crime in 2025
IMPD and its community partners are reflecting on what they say is a successful year in violence reduction, as data showcases a decrease in homicides across the city
Brownsburg High School Band prepares for first-ever Rose Parade appearance
More than 200 students will take the national stage in Pasadena after months of preparation and strong community support
