Author: Alan Rappeport and Emily Cochrane

The U.S. Hit Its Debt Limit. What Happens Next?

by Alan Rappeport and Emily Cochrane • January 20, 2023

The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.

White House Clarifies Biden’s Coal Remarks After Outrage From Manchin

by Alan Rappeport and Emily Cochrane • November 5, 2022

President Biden drew backlash from Senator Joe Manchin III, a fellow Democrat, for saying that an energy transition would mean shutting down coal plants.

Debt Ceiling Window Is Narrowing, Bipartisan Policy Center Warns

by Alan Rappeport and Emily Cochrane • December 3, 2021

The United States could default as soon as Dec. 21 if Democrats and Republicans fail to extend the Treasury Department’s borrowing authority.