Us Government Borrowing

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  What It Could Mean For The US Fed To Lose Its Independence

  President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.

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  US Government May Run Out Of Funds By October Unless Debt Limit Raised

  The US Treasury is likely to exhaust measures to keep funding the government on October 18, and will run out of cash unless Congress raises the federal borrowing cap, Treasury Secretary Janet Yellen warned Tuesday.

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  Believe Rs 3,000 Crore Will Reach Us, Not Waited, Borrowed: Adar Poonawalla

  After the centre announced Rs 4,500 crore to boost production of the Covishield and Covaxin vaccines, Serum Institute of India says it has borrowed from banks to begin ramp-up of its vaccine immediately instead of waiting for the government's aid to

• House passes bill raising US debt ceiling until 2015

  House Republicans backed away from a battle over the government's debt cap on Tuesday and permitted President Barack Obama's Democratic allies to drive quick passage of a measure to increase the government's borrowing ability to pay its bills and avoid a default ahead of the November elections.

• Barack Obama signs bill ending US shutdown, raising debt ceiling

  President Barack Obama signed early Thursday a bill ending the two-week US government shutdown and extending the Treasury's borrowing authority.

• Senate cuts deal to raise US debt ceiling, reopen government

  The US Senate announced a last-minute deal on Wednesday to avert a historic lapse in the government's borrowing ability and a potentially damaging debt default, and to reopen the government after a two-week shutdown.

• US lawmakers begin last-ditch effort on debt ceiling

  The US Senate prepared for a last ditch effort on Wednesday to avoid a historic lapse in the government's borrowing authority, a breach that President Barack Obama has said could lead to default and deliver a damaging blow to the global economy.

• US shutdown: White House rejects latest proposal by House Republicans over debt ceiling deal

  The White House says the latest proposal from House Republican leaders for reopening the government and extending the nation's borrowing cap is a partisan effort to appease tea party conservatives. It praises bipartisan negotiations in the Senate as a good-faith effort to end the partial government shutdown and avoid an economy-shaking default.

• US debt ceiling day on October 17: What Happens?

  The US Treasury says that from October 17 it will not have enough cash on hand to pay its bills unless the Congress increases the $16.7 trillion cap on its power to borrow more money.

• US debt ceiling: default could be 'catastrophic', says Treasury

  A US default on its obligations forced by Congress not raising the country's borrowing ceiling would have catastrophic effects, the Treasury warned on Thursday.

• US reaches debt deal two days ahead of deadline

  President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government's borrowing limit.

• US House to vote on raising borrowing cap

  Hours before a crucial vote, Republican leaders in the US pleaded with their fractious rank and file on Thursday to support a House plan to stave off an unprecedented government default. The vote would bring President Barack Obama and Congressional leaders a step closer to endgame efforts before Tuesday's deadline.