Federal default averted until December. President Joe Biden signed legislation on Thursday temporarily increasing the government’s borrowing limit to $28.9 trillion, delaying the deadline for debt default until…
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House Votes to Lift Debt Ceiling
Congress will have to address the situation again in December. On Tuesday, the House of Representatives passed the $480 billion debt limit increase in a vote of 219-206.…
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Senate to Vote on Temporary Debt-Ceiling Increase
Leaders agree on a compromise to carry through December 3. On Thursday, Senate Majority Leader Chuck Schumer announced an agreement had been reached with Minority Leader Mitch McConnell…
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Schumer Wants Action on Debt Ceiling This Week
Treasury Secretary warns October 18 is the deadline. Senate Majority Leader Chuck Schumer of New York said in a letter to colleagues Monday that legislators must act to…
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Coast Guard to Receive 2022 Budget Increase
Commandant says it is the right path to recapitalization. The U.S. Coast Guard will receive a budgetary increase for 2022. Coast Guard Commandant Admiral Karl Schultz said he…
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House Delays Vote on Infrastructure
Intraparty progressives and moderates at odds. The House of Representatives delayed a vote on the $1 trillion bipartisan infrastructure bill as a portion of the majority party has…
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Senate Bill Averts Shut Down
Funding extended through December 3. The Senate passed a bill on Thursday to keep the government funded through December 3. The House is expected to pass the extension also,…
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Senators Block Vote on Debt Ceiling
Government will be out of money on October 18, Secretary Yellen says. As a potential shutdown approaches, a procedural vote to advance Senate consideration of a continuing resolution…
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Speaker Plans Infrastructure Vote for Thursday
Senate-approved bill expected to pass in the House. On Monday, House Speaker Nancy Pelosi announced that she would schedule a vote on a bipartisan infrastructure bill on Thursday.…
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House Will Debate Infrastructure Bill Monday
Speaker Pelosi also intends to forge ahead with larger spending bill. The House of Representatives is hoping to vote next week on both facets of President Biden’s far-reaching…
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