Politics Oct 07 Default crisis dodged — for now — with Dem-GOP debt accord Senate leaders have announced an agreement to extend the government's borrowing authority into December, temporarily averting an unprecedented default that experts say would have decimated the economy.
Politics Oct 07 Agreement reached on short-term debt ceiling fix Senate Majority Leader Chuck Schumer said Thursday an agreement has been reached with Republicans to extend the government's borrowing authority into December, temporarily averting a debt crisis.
Politics Oct 06 Congress foresees short-term debt fix amid perilous standoff Democrats are signaling they are receptive to an offer from Republican leader Mitch McConnell that would allow for an emergency debt limit extension into December.
Politics Oct 06 WATCH: Biden enlists CEOs to warn of default if federal debt limit is not raised Biden hosted business leaders at the White House on Wednesday and is warning that failure to extend the government's borrowing authority could set off a global financial crisis.
Politics Oct 04 WATCH: Biden discusses debt ceiling as U.S. approaches limit President Joe Biden accused Republican lawmakers on Monday of blocking efforts to increase the government's borrowing authority, saying they're playing "Russian roulette with the U.S. economy" by committing to filibuster the measure ahead of an Oct. 18 deadline.
Nation Sep 30 Biden signs continuing budget resolution to fund government through Dec. 3rd With only hours to spare, President Joe Biden on Thursday evening signed legislation that would avoid a partial federal shutdown and keep the government funded through Dec. 3. Congress had passed the bill earlier Thursday.
Nation Sep 30 WATCH: Congress passes bill to avert partial government shutdown With only hours to spare, Congress passed legislation that would avoid a partial federal shutdown and keep the government funded through Dec. 3. The bill now goes to President Joe Biden to be signed into law.
Politics Sep 30 WATCH: Senate passes temporary funding bill to avoid shutdown The House is expected to approve the measure following the Senate vote Thursday, preventing a partial government shutdown when the new fiscal year begins Friday.
World Sep 23 House approves $1 billion for Israel’s Iron Dome defense system The vote was 420-9. Democratic Rep. Rosa DeLauro said the bill "demonstrates Congress's commitment to our friend and ally Israel is bipartisan and ironclad."…
Politics Sep 22 House pushes through debt and government funding plan, will face pushback from GOP The House has approved legislation to fund the government, suspend its borrowing limit and provide federal disaster and refugee aid.