Federal Default

Financial

McConnell says he won’t help Dems raise debt limit again

Senate Minority Leader Mitch McConnell said Friday he would not again help Democrats extend the government’s borrowing authority, raising fresh doubts about how Congress will avert a federal default when a temporary patch expires in December. McConnell issued his warning in a letter to President Joe Biden a day after the Senate approved a $480

Economy

Biden tells GOP to ‘get out of the way’ on debt limit

President Joe Biden on Monday urged Republican senators to “get out of the way” and let Democrats suspend the nation’s debt limit, hoping to keep the U.S. government from bumping dangerously close to a credit default as Senate Republican Leader Mitch McConnell refuses to lend his party’s help. Biden’s criticism came with Congress facing an

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