The debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy cleared a major procedural hurdle on Tuesday night, just days before a potential default by the U.S. government.
A deal allowing the US to borrow more money has moved closer to becoming law, days before the world's biggest economy is due to start defaulting on its debt. The measure easily passed the House of ...
The House Rules Committee is taking up House Speaker Kevin McCarthy's debt limit bill Tuesday. If approved by the panel, the House could vote on it as early as Wednesday. CBS News congressional ...
Washington — The House has passed legislation to suspend the debt ceiling and limit spending, as time runs short to avoid a catastrophic default. The bill will still need to pass the Senate.
The U.S. Senate passed a House-approved bill late Thursday to suspend the national debt limit and put a lid on government spending for two years, and President Joe Biden is expected to sign the ...
The Senate’s bipartisan appropriations bills protect key priorities, while the House Republican appropriators’ proposal would set the United States on a path toward shutdown. As a condition ...
President Joe Biden and his Republican opponents have announced they have agreed in principle to raise the US debt ceiling and avert a default. The president described the agreement as a ...
Republican gives positive remarks to reporters as 11 Democratic senators sign letter to Biden urging him to use 14th amendment to avoid default The Republican House speake,r Kevin McCarthy, told ...
Republican Representatives Scott Perry and Chip Roy discuss the debt limit deal during a news conference on Capitol Hill in Washington, May 30, 2023. [AP Photo] Lawmakers in the U.S. House of ...
House Speaker Kevin McCarthy lost the fight for his political life as the California Republican faced a motion to oust him ...
On Sept. 12, Gaetz announced on the House floor he was serving notice to McCarthy to tell him he was "out of compliance with the agreement that allowed you to assume this role," and he warned that he ...
A deal allowing the US to borrow more money has moved closer to becoming law, days before the world's biggest economy is due to start defaulting on its debt. The measure easily passed the House of ...