That’s the U.S. debt ceiling as of Monday, according to the Treasury Department. It’s the first number the Treasury has released since President Barack Obama signed a suspension of the limit in early February, Bloomberg’s Ian Katz and Kasia Klimasinska report....
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Photograph by Justin Lane/EPA/Corbis
The National Debt Clock and an estimate of the Untied States' national debt, as well as an estimate of each family's share of that amount, on Dec. 31, 2012, in New York City.
Bloomberg by the Numbers: $16.699 Trillion
Photograph by Andrew Harrer/Bloomberg
Senator Mitch McConnell, a Republican from Kentucky, on the Capitol.
McConnell: ‘Time to Get Serious’
Hero of the last minute bipartisan fiscal package, good cop to Vice President Joe Biden’s bad cop, Senate Minority Leader Mitch McConnell is insistent that he is sick and tired of being called in to bridge differences between the parties...
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Photograph by Alex Wong/Getty Images
Secretary of Treasury Timothy Geithner arrives at the Capitol for meeting with congressional leaders on Nov. 29, 2012.
Geithner: Republicans Cede Debt Lever
This is Treasury Secretary Tim Geithner’s last day at work, and he is leaving with an exit interview snared by Politico in which the veteran warrior of the fiscal cliff wars suggests Republicans have ceded the debt ceiling as a...
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Photograph by Daniel Acker/Bloomberg
The Capitol stands in the background as police monitor a checkpoint during the U.S. presidential inauguration in Washington.
Obama Welcomes ‘De-escalation’ of Debt-Ceiling Debate: Off the Brink
The Obama administration is welcoming a move by House Republicans to vote tomorrow on raising the nation’s debt ceiling through mid-May as a “de-escalation” of the fiscal debate, White House press secretary Jay Carney says. “The fact that House Republicans...
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Photograph by Mario Tama/Getty Images
Singer Alicia Keys performs during the Public Inaugural Ball at the Walter E. Washington Convention Center on Jan. 21, 2013 in Washington.
‘Obama’s on Fire:’ Alicia Keys — Boehner-McConnell Have Hoses
Alicia Keys took the stage at the Inaugural Ball, playing piano for a ready crowd with a revised rendition of her “Girl on Fire:” “Obama’s on Fire.” “He’s the president, and he’s on fire,” Keys sang to a delighted audience....
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Photograph by J. Scott Applewhite/AP Photo
Speaker of the House John Boehner heads into a closed-door strategy session with GOP members at the Capitol.
New House Fiscal Year: Three Months
Updated at 2:25 pm EST The fiscal year in Washington is yielding, it appears, to the political quarter. House Republicans plan a vote next week on a three-month extension of U.S. borrowing authority, in an attempt to force the Democratic-run...
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Photograph by Bill Clark/CQ-Roll Call/Getty Images
Rep. Paul Ryan, left, and Rep. Pete Sessions, right, arrives for a House Republican Conference meeting.
Ryan: Republicans Eye Short-Term Debt-Ceiling Increase at Retreat
The House’s Republicans, assembled at a retreat outside Williamsburg, Virginia, are discussing the “virtues” of passing a short-term increase in the federal debt limit. So says Rep. Paul Ryan, the House Budget Committee chairman from Wisconsin. “We are discussing the...
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Photograph by Pablo Martinez Monsivais/AP Photo
House Speaker John Boehner (left) and President Barack Obama during their 2011 meetings about the debt ceiling and budgets.
Obama: No `Ransom’ for Debt Ceiling
Updated at 12:15 pm EST President Barack delivered a stern warning today to congressional Republicans — make that the House — about the looming debate over raising the nation’s debt ceiling. It’s not a question of permitting new spending, Obama...
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Photograph by Andrew Harrer/Bloomberg
U.S. President Barack Obama delivers the State of the Union address to a joint session of Congress at the Capitol in Washington, Jan. 24, 2012.
State of the Union: Debt Ceiling Here
President Barack Obama was formally invited today to give this year’s State of the Union address on Feb. 12. That is Abraham Lincoln’s birthday. Obama will take his official oath of office for a second term on Jan. 20 on...
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Photograph by Tom Williams/CQ Roll Call
Chairman Pete Sessions, R-Texas, standing, greets Rep. Michael Burgess, R-Texas, as Rep. Ileana Ros-Lehtinen, R-Fla., looks on, during the first House Rules Committee.
Southern Discomfort: Fights Ahead
With President Barack Obama and Congress poised to clash over spending cuts and raising the $16.4 trillion federal debt limit, reaching a deal may be complicated by a North-South divide among Republicans made wider by the 2012 elections. In the South, most...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
