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Earlier Wednesday, the House passed a rule governing debate on the debt ceiling bill, setting it up for final passage. For the latest news, weather, sports, and streaming video, head to The Hill ...
Bill passed after senators rejected 11 proposed amendments
The debt ceiling returned on January 2, but Congress has several months to address it before the nation could default on its obligations. (Jemal Countess/Getty Images)
The Senate on Thursday night passed a bill to raise the debt ceiling. The measure was approved in a bipartisan 63-36 vote after passing the House by a wide and bipartisan margin Wednesday night.
President-elect Trump wields tremendous power among GOP lawmakers in the House and Senate, but his struggle to convince Republicans to bend to his will on the debt ceiling suggest it has its limits.
Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts. MORE: From Social Security to travel: Everything to know about a ...
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‘I can't even count how many debt ceiling fights I've been through’ Observers are comparing a possible 2023 standoff to 2011 and 2013 when then-President Obama faced off against Republican ...