NPR

America's Credit Rating On The Line As Debt Ceiling Deadline Approaches

Congressional leaders are trying hard to assure the financial markets the United States isn't about to default on its debts, but tweets by President Trump suggest the vote may not go smoothly.
President Trump meets with Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan, during a budget discussion in March. / Chip Somodevilla / Getty Images

With the federal government getting closer to running out of cash to cover all bills on time, companies that evaluate bonds are having to consider how to rate America's creditworthiness.

And their job didn't get any easier on Thursday when President Trump continued his attacks on congressional leaders over their failure to raise the federal debt ceiling.

Other U.S. officials have been trying reassure the financial markets that

You’re reading a preview, subscribe to read more.

More from NPR

NPR5 min read
Here Are The Courtroom Sketch Artists Drawing Trump's Hush Money Trial
Elizabeth Williams, Christine Cornell and Jane Rosenberg are among a dwindling group of courtroom sketch artists. "It's about trying to draw the most honest and true and real moment," Williams says.
NPR4 min readIntelligence (AI) & Semantics
Katy Perry's Own Mom Fell For Her Met Gala AI Photo. Do You Know What To Look For?
Katy Perry and Rihanna weren't at the Met Gala on Monday night, despite the viral AI-generated photos showing them on the red carpet. Here are some tips for recognizing and investigating deep fakes.
NPR2 min readInternational Relations
Israeli Forces Take Control Of The Gaza Side Of The Rafah Crossing With Egypt
An Israeli tank brigade seized control Tuesday of the Gaza Strip side of the Rafah border crossing with Egypt, authorities said, as cease-fire negotiations with Hamas remain on a knife's edge.

Related Books & Audiobooks