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Bill passed after senators rejected 11 proposed amendments
The debt ceiling is routinely raised to accommodate repayment of the country’s debt. The last time it was raised was in 2021. The debt ceiling was suspended last June.
The debt ceiling, which caps the amount the federal government can borrow, had previously not been on the table during negotiations over a stopgap spending bill before Friday's midnight deadline ...
The debt ceiling compromise bill sailed to passage in the House on Wednesday evening. The House voted 314-117 after just over an hour of debate on the legislation. The bill required a simple ...
Republican congressional leaders Thursday night failed to pass a revamped plan to avoid a government shutdown looming Friday night -- and to satisfy President-elect Donald Trump's explosive demand ...
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The support on Capitol Hill for what was once a fringe legal theory is growing by the hour as the debt ceiling talks head into their final days. Debt ceiling: Support for 14th amendment solution ...
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