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Articles in topic Debt Limit Page 1
Harris says she has 'never discussed' reelection with Biden
• Biden to award Medal of Honor to 3 soldiers • Biden signs bill to increase debt limit
[ cnn.com ]Biden signs debt limit increase
President Joe Biden on Thursday signed the bill raising the debt limit ceiling that passed Congress earlier this week, according to a press release from the White House.
[ cnn.com ]Senate votes to increase debt limit by $2.5 trillion extending into 2023
The Senate voted on Tuesday to raise the national debt limit by $2.5 trillion and extend it into 2023 as lawmakers race to avert a catastrophic default ahead of a critical midweek deadline.
[ cnn.com ]Biden says he's open to altering filibuster on voting rights
President Joe Biden on Thursday acknowledged in his strongest terms to date that filibuster reform will be necessary to pass key items like voting rights legislation and debt limit increases, but that doing so now would hamper his ability to pass his economic agenda.
[ cnn.com ]House to vote to extend debt ceiling through early December
The House of Representatives is expected to vote Tuesday to extend the nation's debt limit through early December after the Senate approved a stopgap measure last week in a bid to avert a catastrophic default and economic disaster.
[ cnn.com ]Opinion: The debt limit is still a ticking time bomb
After weeks of partisan gridlock, Congress is on track to extend the debt ceiling, averting a potential default looming in less than two weeks. But the solution merely moves the new fiscal cliff to December, aligning the deadline with other imminent crises, like a potential government shutdown if a new funding bill is not enacted.
[ cnn.com ]See what Manchin does while Schumer criticizes Republicans
Sen. Joe Manchin (D-WV) criticized the speech Senate Majority Leader Chuck Schumer (D-NY) delivered after 10 GOP senators joined Democrats in voting to extend the nation's debt limit through early December.
[ cnn.com ]Yellen calls reaching debt ceiling 'utterly catastrophic'
Treasury Secretary Janet Yellen told CNN's Erin Burnett it would be "enormously damaging" if the Senate cannot reach a deal to extend the nation's debt limit through December.
[ cnn.com ]Tapper pushes back on lawmaker's reasoning for deal delay
CNN's Jake Tapper talks to Democratic Sen. Tammy Baldwin (D-WI) about the stalemate between Democrats and Republicans over how to address the debt limit.
[ cnn.com ]Democrats and Republicans are locked in an impasse, but the Senate minority leader proposed two potential options to avert a default
Democrats and Republicans remain locked in a stalemate over how to address the debt limit, but Senate Minority Leader Mitch McConnell is now publicly floating two potential options to avert a default.
[ cnn.com ]Biden to argue 'Republican obstruction' leading to debt default risk as he convenes business leaders and CEOs
President Joe Biden on Wednesday is set to ramp up the pressure on Republicans as the nation's nears the deadline to raise the debt ceiling on Wednesday, as he looks to argue the GOP is putting the country at risk of a possible debt default by standing firm against raising the nation's debt limit.
[ cnn.com ]Schumer on debt ceiling: 'Not too late, but it's getting dangerously close'
Senate Majority Leader Chuck Schumer warned on Tuesday that action must be taken soon to avert a debt limit crisis, saying in a floor speech, "it's not too late, but it's getting dangerously close," as a key deadline looms on October 18.
[ cnn.com ]The President says Republicans are refusing to pay for their own spending and called the political back-and-forth 'hypocritical, dangerous and disgraceful'
President Joe Biden on Monday slammed Republicans for opposing efforts to raise the debt limit as the nation is two weeks away from being unable to pay its debts for the first time in its history.
[ cnn.com ]Joe Biden could be tempted to reach for the platinum coin
On Monday night -- and with a Thursday deadline to fund the government bearing down -- Senate Republicans blocked a bill that would have suspended the United States' debt limit. The move puts the country at risk of default, thereby potentially tanking the economy and delaying payments to millions.
[ cnn.com ]Move leaves Congress without a clear plan
Senate Republicans blocked a House-passed bill to suspend the debt limit and avert a government shutdown from advancing in the Senate. The move comes after Republicans had insisted that Democrats act alone to address the debt limit and leaves Congress without a clear plan to keep the government open with the threat of a potential shutdown looming by the end of the week.
[ cnn.com ]Anxious Democrats float Plan B: Raise debt ceiling on party-line vote
A number of key Democrats say that their party should take matters into its own hands and raise the national debt limit by itself once Republicans block their plans as expected in the Senate, underscoring the lack of options facing the White House and Democratic leaders in the face of stiff GOP resistance.
[ cnn.com ]House prepares to vote on bill to avert shutdown and suspend debt limit
Democratic leaders are hoping to vote on Tuesday on legislation to prevent a government shutdown at the end of the month and suspend the nation's borrowing limit, setting up a showdown with Republicans who insist Democrats should act alone to stave off a looming debt crisis.
[ cnn.com ]Democrats set up showdown with GOP by attaching debt limit to bill to avert government shutdown
When the House of Representatives comes back into session this week, averting a government shutdown and addressing the debt limit will be front and center as Democrats contend with divisions within their own ranks over President Joe Biden's sweeping economic agenda.
[ cnn.com ]Why we're talking about the debt limit again
Republicans and Democrats in Washington are gearing up for their occasional fight over raising the US debt limit.
[ cnn.com ]White House warns states of potentially dire effects if government defaults
The White House is warning states that a default caused by failing to raise the federal debt limit could result in drastic cutbacks to disaster relief, Medicaid, school funding and other programs.
[ cnn.com ]