Sep 08 House sends bill with $15.3 billion in Harvey aid and debt ceiling hike to Trump By Associated Press The measure keeps the government funded into December. Continue reading
Sep 07 Watch 9:12 Sen. Durbin: DACA ‘epitaph could turn into an opportunity’ By PBS News Hour President Trump split with his party Wednesday by making a deal with Democrats to extend the debt ceiling. So are more bipartisan deals coming? John Yang reports on the reaction from Republican leaders, then Judy Woodruff speaks with Illinois Sen. Continue watching
Sep 07 Watch 3:36 What you need to know about the federal debt ceiling, and why you should care By PBS News Hour An agreement between President Trump and Democrats for a three-month extension for the debt ceiling means Congress temporarily ducks a political debate. But the recurring battle will surface again in December. What could happen if we don’t raise the debt… Continue watching
Sep 07 Senate passes bill that gives $15 billion to Harvey aid, raises debt limit By Andrew Taylor, Associated Press The 80-17 vote sends the massive package to the House for a Friday vote, with emergency accounts running out of money and Hurricane Irma barreling toward the East Coast. Continue reading
Sep 06 Watch 5:33 Trump makes a debt ceiling deal with Democrats, complicating work for Republicans By PBS News Hour President Trump has sided with Democrats in a deal to tie $7.9 billion in Hurricane Harvey relief to funding the government and raising the debt ceiling. The deal complicates relations with Republicans, who wanted a longer-term fix to the debt… Continue watching
Sep 04 Congress should tie Harvey aid to the debt ceiling increase vote, Mnuchin says By Hope Yen, Associated Press On Sunday, Texas Gov. Greg Abbott described the federal aid package as an important initial "down payment" on Harvey relief that he expects will come to $150 billion to $180 billion. "We need Congress to step up and pass this… Continue reading
Aug 25 WATCH: Mnuchin predicts Congress will raise debt ceiling By Associated Press Treasury Secretary Steven Mnuchin is predicting that Congress will raise the government's borrowing limit in September, before a deadline for default. Continue reading
Jun 29 As deficit spikes, CBO says Congress must act on debt by October By Andrew Taylor, Associated Press A new government estimate says the drop-dead deadline for lawmakers to increase the government's borrowing limit is early to mid-October. Continue reading
Jun 15 As deadline nears, White House without a debt ceiling plan By Josh Boak, Associated Press "It's fair to say we haven't settled on a final way to address the debt ceiling any more than the Hill has," Budget Chief Mick Mulvaney said. Continue reading
Mar 30 Pelosi backs Trump administration on debt ceiling increase By Associated Press Pelosi said she and fellow Democrats would support increasing the debt ceiling so long as it would be a "clean" increase that would be free of GOP add-ons. Continue reading