WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
The House of Representatives narrowly approved a Republican bill that links avoiding a default with enacting spending cuts and several GOP policies rolling back several of President Biden's policies.
Senate Minority Leader Mitch McConnell (R-Ky.) is demanding “significant” near-term cuts in Medicare and Medicaid in exchange for agreeing to raise the federal debt limit by early August, according to ...