WASHINGTON — U.S. President Joe Biden signed into law on Saturday legislation that suspends the U.S. government’s debt limit through January 2025 and avoids a potentially disastrous default just days before the government runs out of cash to pay its bills. His signature came with two days to spare: the Treasury Department had said the government […]
The U.S. Senate voted Thursday night 63-36 in support of a measure that will allow the United States to continue to pay its bills. The U.S. had been on track to run out of cash in four days. The bipartisan legislation now goes to President Joe Biden for his signature. “Tonight, senators from both parties […]
“I didn’t come to Congress to hurt people,” said Rep. Jim McGovern. “And when I listen to my Republican friends, what is clear to me is that we don’t share the same values.” Rep. Jim McGovern, a leading anti-hunger lawmaker in the House, expressed anger Tuesday that the debt ceiling legislation negotiated by Republicans and the Biden administration […]
WASHINGTON — The U.S. House of Representatives approved legislation to suspend the government’s borrowing limit until early 2025, a step toward averting a Washington political showdown five days before the country could run out of money to pay its bills. With a late Wednesday vote of 314-117, the bill passed and now heads to the Senate […]