Biden signs bipartisan debt ceiling deal

(WASHINGTON, D.C.) -- President Joe Biden addressed the nation in a prime-time speech Friday after Congress averted an economically disastrous default with just days to spare by passing legislation to raise the nation's $31.4 trillion debt ceiling.The president, speaking from behind the Resolute Desk... Read More.

Senate passes debt ceiling deal, staving off default

(WASHINGTON) -- The Senate on Thursday night passed legislation to lift the nation's debt ceiling and stave off what would've been an economically disastrous default days before Monday's deadline.The final vote was 63-36.The bill will now go to President Joe Biden's desk for his... Read More.

Debt ceiling drama heads down to the wire in Senate

(WASHINGTON) -- With just days until the deadline for the nation to default, the Senate now is racing against the clock to pass a bipartisan debt ceiling agreement and avoid what would be an economically catastrophic failure to pay the country's bills.Debate began Thursday morning... Read More.

Key questions and takeaways from the debt ceiling deal

(WASHINGTON) -- After months of back and forth, House Republicans and the White House this weekend unveiled a deal on raising the nation's $31.4 trillion borrowing limit while implementing some caps on government spending and other policy changes.The legislation, which was released publicly on... Read More.