raising debt ceiling

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

Financial

House OKs debt and funding plan, inviting clash with GOP

The House voted late Tuesday to keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a high-stakes showdown with Republicans who oppose the package despite the risk of triggering a fiscal crisis. The federal government faces a shutdown if funding stops on Sept. 30, the end of

Scroll to Top