Senate Democrats pass debt-ceiling hike of $2.5 trillion just in time to avoid catastrophe — and without any Republicans
The Senate voted to raise the debt ceiling on Tuesday, advancing a crucial measure just before the US government risks defaulting on debt it has already incurred.
Senate vote clears way for Democrats to raise debt ceiling on their own
The Senate passed a measure to create a one-time rule change on Thursday to allow Democrats to pass legislation to raise the debt ceiling with just 51 votes ahead of next week’s deadline.
House passes legislation to increase debt ceiling
The House voted 222-212 on Tuesday to approve procedural legislation allowing the Senate to raise the debt ceiling.
Yellen Warns Dec. 15 New Estimated Date for U.S. Debt Default Unless Congress Acts
In just about a month’s time, the United States could be unable to pay its bills, according to a new warning from Treasury Secretary Janet Yellen.
China’s Communists Extend Power Of Leader Xi In Warning To Christians (Worthy News Analysis)
In a move worrying Christians, China’s Communist Party elevated Chinese autocratic President Xi Jinping to a crucial figure in its 100-year history.
Biden’s social-welfare bill could cost over $4 trillion, budget hawks warn
Two leading fiscal watchdogs are raising alarms about the true cost of President Biden’s social welfare and climate change bill, arguing the total price tag is far higher than the $1.75 trillion that Democrats have estimated.