Debt ceiling

House Votes to Raise Debt Ceiling, Sending ‘Fiscal Responsibility Act’ to Senate

House Votes to Raise Debt Ceiling, Sending ‘Fiscal Responsibility Act’ to Senate

admin June 1, 2023

The House voted by an overwhelming majority Wednesday to increase the debt limit...

Kevin McCarthy Tamps Down Debt Ceiling Rebellion

Kevin McCarthy Tamps Down Debt Ceiling Rebellion

admin May 31, 2023

Speaker Kevin McCarthy (R-CA) tamped down Republican opposition ahead of Wednesday's vote on...

CBO Estimates Debt Ceiling Deal Will Cut Debt By $1.5 Trillion

CBO Estimates Debt Ceiling Deal Will Cut Debt By $1.5 Trillion

admin May 31, 2023

Spending would fall by $1.3 trillion, debt service costs would decline, and IRS...

House Republicans Give McCarthy Standing Ovation in Debt Limit Meeting

House Republicans Give McCarthy Standing Ovation in Debt Limit Meeting

admin May 31, 2023

Speaker Kevin McCarthy received a standing ovation during a House Republican Conference meeting...

Congress Releases Bill Text of Debt Deal

Congress Releases Bill Text of Debt Deal

admin May 29, 2023

Congress released a bill package Sunday to increase the nation's debt limit in...

Democrats Acknowledge Defeat in Debt Negotiations, Urge Members to Vote ‘Yes’ Anyway

Democrats Acknowledge Defeat in Debt Negotiations, Urge Members to Vote ‘Yes’ Anyway

admin May 28, 2023

Some Democrat leaders have acknowledged some of the losses in the debt ceiling...

Dingell: I’m ‘Really’ ‘Annoyed’ by Cuts to IRS Staff in Debt Deal, But ‘There Is Nothing I Can Do About It’

Dingell: I’m ‘Really’ ‘Annoyed’ by Cuts to IRS Staff in Debt Deal, But ‘There Is Nothing I Can Do About It’

admin May 28, 2023

On Sunday’s broadcast of MSNBC’s “Velshi,” Rep. Debbie Dingell (D-MI) stated that she...

McCarthy: Jeffries Said There’s ‘Not One Thing in the Bill for Democrats’

McCarthy: Jeffries Said There’s ‘Not One Thing in the Bill for Democrats’

admin May 28, 2023

Speaker Kevin McCarthy (R-CA) said on this week's broadcast of "Fox News Sunday"...

McCarthy, Biden Reach Debt Ceiling Agreement in Principle

McCarthy, Biden Reach Debt Ceiling Agreement in Principle

admin May 28, 2023

House Speaker Kevin McCarthy (R-CA) and President Joe Biden have come to an...

Yellen Warns Treasury to Run Out of Funds June 5, Urges Debt Deal ‘As Soon As Possible’

Yellen Warns Treasury to Run Out of Funds June 5, Urges Debt Deal ‘As Soon As Possible’

admin May 27, 2023

Treasury Secretary Janet Yellen announced Friday the government could breach its debt limit...