'It is egregious that our nation has been put in this spot, but we must take immediate action to address the debt limit and ensure the full faith and credit of the United States remains intact,' Hoyer said.
with the final vote expected to take place later in the evening. Prior to the vote, the Senate agreed to waive the filibuster which paved way for the Democrats to pass the bill along party lines.
"President Biden looks forward to signing this bill as soon as it passes the House and reaches his desk," Press Secretary Democrats and Republicans agree that the nation cannot default on its debt but have differed in how to solve the problem.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Senate GOP leader McConnell may offer short-term debt ceiling extension following pressure from BidenPresident Joe Biden and Democratic leaders in Congress amped up pressure on Republicans to act on the debt limit.
Lire la suite »
Senate delays procedural vote to lift debt ceilingThe test vote was expected to fail due to lack of Republican support. NBC News’ Leigh Ann Caldwell reports on what happens next.
Lire la suite »
Schumer: Deal reached to extend debt ceiling until early DecemberSenate Majority Leader Chuck Schumer has announced Democrats and Republicans have reached a short-term deal to avert the U.S. defaulting on its debt.
Lire la suite »
Mitch McConnell, Chuck Schumer agree to deal to avert debt crisisThe U.S. Senate appears to have narrowly avoided a federal financial crisis—pushing off the vote on the debt ceiling until December.
Lire la suite »
Schumer announces they've reached a deal on short-term debt ceiling increase through early DecemberThe deadline to raise the debt ceiling to avoid the US defaulting for the first time ever is less than two weeks away. Follow here for the latest news on negotiations on Capitol Hill.
Lire la suite »
Biden, McConnell debt standoffs are nothing newThe showdown over the nation's debt ceiling is not the first time the Republican leader has been pitted against Biden in avoiding a catastrophic default.
Lire la suite »