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Debt limit vibe back on the upswing after White House meeting

Yellen has been clear that she can’t guarantee the government won’t breach the $31.4 trillion debt limit much past June 1, which has lit a fire under negotiators to get a deal before next week.

Wide gulf between debt limit negotiators as time grows short

The precarious nature of negotiations has lawmakers on both sides of the aisle worried about their ability to lift the debt limit before June 1, when the Treasury Department expects it may run out of cash

McCarthy says debt limit deal with Biden possible

Yellen says agency officials have determined that they can’t guarantee all federal payments can be made on time beyond June 1 without a debt limit increase or suspension.

‘Pause’ lifted, debt limit talks back on

House Republicans have pushed for a decade of caps on discretionary spending, which would revert to fiscal 2022 levels next year and then allow for 1 percent annual growth.

Contours of debt limit deal start to take shape

Yellen said could hit as early as June 1, negotiators are attempting to reach a framework for a deal by Sunday, when President Joe Biden returns from a trip to the G-7 summit in Japan.