Latest Government Debt Default News

U.S. Avoids Debt Default as Congress Passes Fiscal Plan
Congress passed a two-year bipartisan budget plan that avoids a default on U.S. debt, increases spending on domestic and defense programs and ends months of turmoil among House Republicans. The 64-35 Senate vote early Friday, following House passage …
Read more on Bloomberg

Are markets scared of a US default?
The Freedom Caucus, a group of roughly 40 conservative Republican congressmen, are convinced that the U.S. government’s current debt trajectory will bring down the country, and they are willing to risk what they see as a partial default to force the …
Read more on Fortune

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