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                                        <title>Debt Ceiling | MalaysiaNow</title>
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                                <title><![CDATA[ US Treasury can meet all obligations after debt ceiling suspension ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/06/us-treasury-can-meet-all-obligations-after-debt-ceiling-suspension</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Tue, 06 Jun 2023 01:46:00 GMT</pubDate>
                                <description><![CDATA[ The debt ceiling suspension allows the Treasury to maintain its planned auction schedule for total borrowings of US$726 billion in the April-June quarter. ]]></description>
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                                <title><![CDATA[ Biden signs debt limit bill, avoiding US default ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/04/biden-signs-debt-limit-bill-avoiding-us-default</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Sun, 04 Jun 2023 00:46:00 GMT</pubDate>
                                <description><![CDATA[ The Republican-controlled House voted 314 to 117 to approve the bill, and the Democrat-controlled Senate voted 63 to 36. ]]></description>
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                                <title><![CDATA[ US Congress approves debt-limit suspension, averting default ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/02/us-congress-approves-debt-limit-suspension-averting-default</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Fri, 02 Jun 2023 03:26:00 GMT</pubDate>
                                <description><![CDATA[ The Senate voted 63-36 to approve the bill that was passed by the House of Representatives, as lawmakers raced against the clock following months of partisan bickering between Democrats and Republicans. ]]></description>
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                                <title><![CDATA[ US House votes to avert default, setting up Senate showdown ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/06/01/us-house-votes-to-avert-default-setting-up-senate-showdown</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Thu, 01 Jun 2023 02:54:00 GMT</pubDate>
                                <description><![CDATA[ Hammered out between Democratic President Joe Biden and the Republicans in the House of Representatives, the measure suspends the debt ceiling through 2024, slightly cutting government spending next year. ]]></description>
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                                <title><![CDATA[ What is the US debt ceiling? ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/05/30/what-is-the-us-debt-ceiling</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Tue, 30 May 2023 00:15:00 GMT</pubDate>
                                <description><![CDATA[ Some analysts have proposed that the Treasury can bypass the crisis by minting a multitrillion-dollar platinum coin and putting it in the government's account, an idea widely seen as an outlandish gimmick. ]]></description>
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                                <title><![CDATA[ Republicans, Biden reach debt ceiling deal ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/05/28/republicans-biden-reach-debt-ceiling-deal</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Sun, 28 May 2023 08:10:00 GMT</pubDate>
                                <description><![CDATA[ Congress will vote on the deal to extend the government's borrowing authority on Wednesday, just shy of the June 5 'X-date'. ]]></description>
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                                <title><![CDATA[ US steps back from debt cliff, for now ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2021/10/08/us-steps-back-from-debt-cliff-for-now</link>
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                                <dc:creator><![CDATA[ AFP ]]></dc:creator>
                                <pubDate>Fri, 08 Oct 2021 00:01:55 GMT</pubDate>
                                <description><![CDATA[ The new arrangement kicks the can down the road to coincide with another major funding deadline – a shutdown that would kick in from Dec 3 when the government's coffers theoretically run out. ]]></description>
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                                <title><![CDATA[ ‘Real possibility’ Democrats might change Senate rules for debt hike, says Biden ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2021/10/06/real-possibility-democrats-might-change-senate-rules-for-debt-hike-says-biden</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Wed, 06 Oct 2021 00:33:47 GMT</pubDate>
                                <description><![CDATA[ Many Democrats have argued that the Senate should dump the filibuster entirely, saying it prevents progress on climate change, voting rights and other priorities. ]]></description>
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