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House Approves Temporary Extension of Debt Limit
Congress
House Approves Temporary Extension of Debt Limit
2021-10-13 14:32:14
by Dan McCue

WASHINGTON - Surprising no one, the House did what it had to do Tuesday night, extending the nation’s borrowing authority -- otherwise known as the debt ceiling -- until Dec. 3. President Joe Biden is expected to sign the legislation,... Read More

Senate Avoids a US Debt Disaster, Votes to Extend Borrowing
Political News
Senate Avoids a US Debt Disaster, Votes to Extend Borrowing

WASHINGTON (AP) — The Senate has dodged a U.S. debt disaster, voting to extend the government's borrowing authority into December and temporarily avert an unprecedented federal default that experts warned would devastate the economy and harm millions of Americans. The... Read More

Accord Reached on Raising the Nation’s Debt Limit
Political News
Accord Reached on Raising the Nation’s Debt Limit
2021-10-07 15:03:39
by Dan McCue

WASHINGTON -- Senate Democrats have taken Senate Republican Leader Mitch McConnell, R-Ky., up on an offer that will temporarily end a political standoff over raising the nation’s debt ceiling by allowing an emergency extension into early December. “We have reached... Read More

McConnell Makes New Offer On Debt Ceiling
U.S. Senate
McConnell Makes New Offer On Debt Ceiling
2021-10-06 19:37:15
by Dan McCue

WASHINGTON -- Senate Republican Leader Mitch McConnell, R-Ky. made a new offer to Senate Majority Leader Charles Schumer, D-N.Y., on resolving the current Senate impasse over raising the nation’s debt limit. The immediate effect of the offer was for Senate... Read More

Boyle, Yarmuth Call for Treasury Dept. to Be Given Debt Ceiling Authority
Congress
Boyle, Yarmuth Call for Treasury Dept. to Be Given Debt Ceiling Authority
2021-10-01 19:58:09
by Dan McCue

WASHINGTON -- With the nation once again hovering ever closer to defaulting on its debts, the chair and vice chair of the powerful House Budget Committee say it’s time to take the “arbitrary and reckless” politics out of raising the... Read More

Senate Republicans Thwart Government Funding, Debt Ceiling Proposal
U.S. Senate
Senate Republicans Thwart Government Funding, Debt Ceiling Proposal
2021-09-28 15:05:23
by Reece Nations

WASHINGTON -- Senate Republicans opted to oppose a funding bill needed to suspend the debt ceiling and prevent a government shutdown in a procedural vote on Monday. The measure failed by a margin of 48 in favor to 50 against,... Read More

House Passes Spending Bill and Debt Limit Increase
Congress
House Passes Spending Bill and Debt Limit Increase
2021-09-22 10:22:58
by Dan McCue

WASHINGTON - House Democrats on Tuesday Night approved legislation to keep the government funded through early December and lift the debt ceiling -- the limit on federal borrowing -- through the end of 2022. The bill passed, 220 to 211,... Read More

House Inching Toward Passing Continuing Resolution with Debt Ceiling Increase
Congress
House Inching Toward Passing Continuing Resolution with Debt Ceiling Increase
2021-09-21 19:58:23
by Dan McCue

WASHINGTON -- House Democrats were inching closer Tuesday afternoon to passing legislation that would both keep the government funded through December and waive the federal debt limit through the end of 2022. But even as the bill cleared the House... Read More

Yarmuth: Budget Talks 'Not Going Very Well,
Congress
Yarmuth: Budget Talks 'Not Going Very Well," Sees Them Going Into September
2019-06-12 20:47:18
by Dan McCue

WASHINGTON - Negotiations between House Democrats, the GOP-controlled Senate and the White House over a 2020 budget plan "are not going very well" and could very well extend to the September 30 deadline to avoid automatic spending caps, the chairman... Read More

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