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Saturday 28 January 2023 Dublin: 4°C

# Debt Ceiling

All time
# crisis averted
US Congress averts default with stop-gap debt limit hike
Democratic leaders had spent weeks underlining the havoc that a default would have wrought.
# News Fix
Here’s What Happened Today: Wednesday
Everyone’s talking about the health budget, racial profiling and murder arrests.
# Debt Ceiling
US avoids default as last-minute deal is struck
Just 12 hours before the US defaulted on its debt, a deal has been reached, a Republican senator has said.
# Debt Ceiling
Markets wobble as US debt talks falter
Fitch has placed the US credit rating on a Negative Watch, as the stock market fell today.
'Extortion not part of our democracy' - Obama on default threat
Yes, it’s the debt ceiling issue again.
# Debt Ceiling
Democrats plan to force Republicans into showdown on debt ceiling
A high-risk plan by Democratic Senate leader Harry Reid is expected to be opposed by Republicans, but it is not known if they will take the step of filibustering it.
# The Shutdown
Explainer: Why has the US government shutdown and what does it mean?
How did this happen, what does it mean and what’s going to happen next? TheJournal.ie explains all.
# MintTheCoin
Obama rules out minting $1 trillion coin to solve US debt woes
“There are no magic tricks here,” says the President, dismissing suggestions that a $1 trillion platinum coin could be minted.
# Fiscal cliff
Obama signs 'fiscal cliff' deal into law (with an autopen)
The President puts a firm end to major spending cuts, for now – using a novel (but legally questionable) piece of kit.
# Happy New Year
Stock markets like it when there's no Fiscal Cliff. Who knew?
European markets are all enjoying a healthy start to the year, while US futures have also welcomed the deal.
# Deal Done
Deal reached to avoid tax hikes for middle-class America
Is that the end of the ‘fiscal cliff’ talk then? Maybe. But the debt ceiling chat is back.
# let's get fiscal
Explainer: What is the 'fiscal cliff' and why does it matter?
The US is facing a potentially devastating financial crisis in less than a week but what is it all about, what impact will it have on Ireland and what’s got to happen if it is to be avoided? TheJournal.ie explains…
# US2012
Paul Ryan to remain as chair of House Budget committee
The defeated vice-presidential nominee intends to stay on as the Republicans’ leading fiscal spokesman.
# Review 2011
Recessions, downgrades and Super Mario - 2011: the year in money
2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.
# Power Struggle
S&P boss steps down, weeks after unprecedented US downgrade
Deven Sharma, the president of Standard & Poor’s, will step down within a month after facing criticism for lowering the US’s rating.
# Fitch
Fitch: We're not going to remove the US's AAA rating
Fitch and Moody’s say they’ll be letting Standard & Poor’s go on a solo run – with two of the three agencies refusing to downgrade.
# Debt Ceiling
US debt relief is short lived as dollar and stock markets slide
The world’s stock markets are all down, as the joy over the US deal to avert a default quickly peters out.
# Daily Fix
The Daily Fix: Tuesday
In today’s Fix: Norris bows out of presidential race, US avoids a debt default and Foo Fighters… coming soon to a garage near you.
# US Debt
Senate clears the way for US to raise debt ceiling
The Senate voted by 74 votes to 26 to pass the hard fought bill. Obama has said that it’s the first step to ensuring America lives within its means.
# Daily Fix
The Daily Fix: Monday
Bank Holiday Monday’s Fix: The latest on the David Norris controversy, debt vote imminent in the US and video of Castlepalooza 2011 finishing off in style…
# US Debt
US debt talks continue amid signs of optimism
Negotiations to raise the US debt ceiling continue at the White House as Tuesday’s default deadline looms closer.
# Daily Fix
The Daily Fix: Saturday
Every evening, TheJournal.ie brings you a round-up of the day’s main news stories, as well as the bits and pieces you may have missed.
Default looms as US politicians fail to reach deal
Obama calls for common ground as Republicans and Democrats again fail to reach an 11th hour deal on the US debt ceiling.
# USA
Obama uses Twitter to press Republicans on the debt ceiling
The US president’s Twitter account is being used to ask followers to urge Republicans to reach a compromise on the debt ceiling.
# Debt Crisis
Republicans delay crucial vote as US creeps closer to default
John Boehner calls off a vote on a draft plan to cut the US deficit, amid fears that party members wouldn’t back it.
# Debt Ceiling
A bluffer's guide to... the US debt ceiling
Struggling to keep up with the political logjam in the US? Let us explain what’s going on – and why it matters to Ireland.
# United States
Republicans to press new vote on lifting US's debt ceiling
A bipartisan Congress prepares for yet more gridlock, as the clock ticks down on staving off a United States default.
# USA
US is six days away from debt default
Time is running out for an agreement on lifting America’s debt ceiling…
# USA
Obama walks out of budget talks with Republicans
The US president told Republicans ‘enough is enough’ over the debt ceiling, while the rating agency Moody’s has threatened to review the USA’s AAA rating.
# Daily Fix
The Daily Fix: Monday
Our daily wrap-up of what’s been going on – including a tongue-in-cheek tour of a certain house in Abbottabad…
# United States
US to stop pension payments as national debt reaches $14.3 TRILLION legal limit
Timothy Geithner tells Congress that the US has reached its legal limit for debt – and he’ll need to take drastic action.