Raising the Debt Ceiling

The clock is ticking, but Congressional leaders have yet to reach an agreement.

We’re told the country may default on some of its debt obligations if Congress fails to raise the debt ceiling.

All eyes around the world are on Democrats and Republicans in Washington, waiting to see if they will come to an agreement over the debt limit.

Lawmakers in Washington have until Thursday to raise the debt ceiling.

Some financial institutions, worried they might not get their money back if the Treasury defaults on its debt, are selling their short term government debt. This presents risks to the financial system and to the economy.

So many metaphors have been used to describe the government shutdown. Do they help at all?

Republicans and Democrats are using words we haven't heard in a while, like "progress," "forward," and "movement."

Investors seemed pleased that politicians in Washington were discussing a plan, and that lawmakers from both parties met with President Obama.

Some House Republicans are inching toward a debt ceiling deal.