House passes legislation to suspend debt limit, Senate now decides

U.S. 09/22/21, 16:25

The U.S. House of Representatives on Tuesday, Sept. 21, approved legislation that seeks to suspend debt-ceiling limits a few days before the deadline. The bill must now face the Senate, where at least 10 Republicans would have to join Democrats to pass the measure.  Democrats in the House passed the bill ...

US Treasury takes first steps to avoid exceeding debt limit

Business 03/01/19, 15:40

The Treasury Department is taking the first steps to keep the government from exceeding the $22 trillion debt limit which goes back into effect on Saturday, setting off what will likely be months of battle in Congress on finding ways to avoid an unprecedented default on the national debt. Treasury said ...

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