Senate approves debt agreement | Tax Policy Center
adminSenate approves debt ceiling law. Just days before the US could potentially breach its debt limit, a 63-36 Senate vote sent legislation to President Biden to suspend the debt ceiling…
Triple-I Blog | Debt ceiling debate heightens replacement cost problems for P/C insurers
The uncertainty generated by the debt ceiling debate will likely exacerbate replacement cost inflation that has put upward pressure on property/casualty insurers' loss ratios and, ultimately, on carrier rates. consumer…
Debt ceiling crisis: how a default could play out
The United States is drawing ever closer to calamity, as lawmakers continue to bicker over what it will take to raise the country's $31.4 trillion debt limit.That has raised questions…
Will a change of venue help seal a debt limit deal?
Debt limit negotiations move to the White House. Spokesman Kevin McCarthy (R-CA) told reporters yesterday that he would send Republican negotiators to the White House to "try to finish the…
The Staggering Cost of Technical Debt in Insurance
Cost concerns are a common culprit when it comes to choosing business as usual over making changes or improvements to outdated technology and processes. Thinking that the cost of implementing…
How US Debt Compares to Other Countries
The debate over the debt ceiling and the looming threat of default is drawing attention to the underlying problem of the federal government's $31 trillion debt burden. Last week, as…
A demand for a debt ceiling and large tax burdens
Is the actions of the Treasury unconstitutional after reaching a debt limit? The National Association of Government Employees filed a Lawsuit Against Treasury Secretary Yellen and President Biden. If Secretary…
Opinion | Are the Republicans willing to raise the debt ceiling?
President Biden is offering Republicans in Congress a reasonable path to resolve the standoff over raising the federal debt ceiling. He has rightly insisted that the ceiling itself must be…
Opinion | This is how Wall Street is preparing for a US debt default.
Last week I spoke with two people on Wall Street who are planning what to do if Congress and the White House can't come to an agreement to raise or…
Debt limit Chaos just around the corner, Unless action
Treasury Secretary Yellen: “Catastrophe” if USA No't raise the debt ceiling. President Biden meets with congressional leaders tomorrow to discuss the debt limit, which could be reached as early as…