Tag Archive: Debt Ceiling

Debt Limit Looms… Again

December 1, 2021 6:06 pm Published by

Despite last month's patch to increase to the U.S.'s borrowing authority limit, Treasury Secretary Yellen has cautioned that new limit could be reached as soon as Dec. 15.

Senate Rejects Short-Term Funding Bill

September 29, 2021 11:04 am Published by

On Monday, the Senate failed to advance a short-term funding bill, leaving Congress less than a week to come up with a plan to avoid a government shutdown on Oct. 1. 

House Votes to Increase Debt Limit

September 22, 2021 5:12 pm Published by

Last night, the House voted to pass legislation to prevent a government shutdown at the end of the month and suspend the nation’s borrowing limit. The party line vote was 220-211.  

Debt Ceiling Fast Approaching

June 7, 2017 11:25 am Published by

Lawmakers are working to find a passable solution to the U.S.’s rapid ascent to the current debt ceiling, which could arrive as early as August.

Busy Hill Agenda: Debt, Budget and Reconciliation

October 22, 2015 10:16 am Published by

Late last week, the Treasury Department moved up the deadline for raising the government's borrowing authority from Nov. 5 to Nov. 3, putting additional pressure on House Speaker John Boehner (R-Ohio) to raise the debt limit before he resigns.

Feds to Reach Debt Ceiling Early November

October 7, 2015 10:05 am Published by

Late last week, Treasury Secretary Jacob Lew wrote a letter to House Speaker John Boehner urging Congressional action on the debt ceiling, warning that the debt limit will likely be reached on Nov. 5.

House Votes on ‘Clean’ Debt Limit Increase

February 12, 2014 10:36 am Published by

Last night, the House voted to extend the debit limit of $17.2 trillion--which expired on Feb. 7--through March 2015 with the Senate eyeing a vote today to finalize the bill prior to the upcoming President's Day recess.