The House on Tuesday voted to lift the debt ceiling by $480 billion, temporarily averting widespread economic calamity after weeks of partisan gridlock and sending the bill to President Joe…
Republican Sen. Lindsey Graham of South Carolina expressed regret on Fox News’ “Hannity” Thursday night over Republicans allowing a short-term increase to the federal debt ceiling. “Well, we screwed up,”…
Senate Majority Leader Chuck Schumer was quick to disparage Republicans over their opposition to lifting the debt ceiling after the measure cleared a filibuster Thursday evening. Minutes later, Senate Majority…
Senate Majority Leader Chuck Schumer announced Thursday that a deal was reached to raise the debt ceiling and avoid a nationwide default. The deal extends the debt ceiling through early…
Treasury Secretary Janet Yellen said Tuesday that the U.S. could slide back into economic recession if Congress fails to raise the debt ceiling by Oct. 18. “It would be catastrophic…
Senate Majority Leader Chuck Schumer told his caucus Monday that Congress must pass a bill to raise the debt ceiling this week. “Let me be clear about the task ahead…
The no. 2 Democrats in the House and Senate gave contradictory messages about their plan to raise the debt ceiling Tuesday, with one saying that Democrats may have to resort…
Treasury Secretary Janet Yellen repeated an urgent request for Congress to raise the debt ceiling Tuesday, warning about the potentially devastating consequences of the U.S. defaulting on its debt. Yellen…
Senate Republicans Monday filibustered Democrats’ bill to fund the government and suspend the debt ceiling, days before a potential federal shutdown and possible debt default. Republicans vowed for weeks to…