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Washington, D.C.: The White House and G.O.P. negotiators have agreed on a bipartisan deal which will raise the debt limit for two years. The deal caps and cuts some government…
Treasury Secretary Janet Yellen said the United States government could be unable to pay its bills by June 1 if the U.S. Congress does not raise or suspend the debt…
Washington, D.C.: In a 217-215 vote, House Republicans passed the G.O.P. spending bill to increase the debt limit to keep the government from defaulting. In the bill, it forces spending…
The United States has hit the country’s debt limit of $31.4 trillion. This sets the stage for months of partisan warfare in Congress. The U.S. Treasury Department has started taking…
Washington, D.C.: Treasury Secretary Janet Yellen sent a letter to Congress saying that the debt limit would be reached on January 19th and that we need “extraordinary measures” to pay…
The U.S. House of Representatives approved, 221-209, raising the debt limit by $2.5 trillion to put off the threat if a default until after the 2022 midterm elections. Earlier in…