Why does the U.S. keep raising the debt limit?
In a statement of support for the bill, the Biden administration urged Congress to pass the bill “as soon as possible to protect the full faith and credit of the United States.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House Republican dismisses 'colorful conservatives' upset over debt ceiling deal: 'Going to pass'Rep. Dusty Johnson said the debt ceiling bill will pass despite a small number of 'colorful conservatives' voting against it, dismising claims that the bill is a loss for the GOP.
Source: FoxNews - 🏆 9. / 87 Read more »
Republican Rep. Rosendale to vote against $4 trillion debt ceiling deal: 'Insult to the American people'House Republicans are starting to weigh in on the 'Fiscal Responsibility Act,' the newly revealed debt ceiling deal negotiated between President Biden and Speaker McCarthy.
Source: FoxNews - 🏆 9. / 87 Read more »
Debt limit: Virginia Republican hammers 'abysmal failure' of leadership from GOP on dealRep. Bob Good (R-VA) had a negative assessment of Republican leadership after President Joe Biden and House Speaker Kevin McCarthy (R-CA) reached an agreement on the debt limit crisis.
Source: dcexaminer - 🏆 6. / 94 Read more »
Debt Ceiling Bill Will End Student Debt Pause Within 60 Days, McCarthy SaysSpeaker of the House Kevin McCarthy said the bill would end the pause on federal student debt payments 60 days after the bill was passed, accelerating the June 30 window for the pause to end.
Source: thedailybeast - 🏆 307. / 63 Read more »
McCarthy and Biden's debt ceiling deal could impact student-debt relief, food stampsMcCarthy and Biden's debt-ceiling deal could hurt student-loan borrowers and people on food stamps — and cost some Americans their jobs
Source: BusinessInsider - 🏆 729. / 51 Read more »
Biden and McCarthy’s Debt-Ceiling Deal Faces Crucial First Test in HouseCongress has just a few days to pass a debt-ceiling bill before the June 5 deadline, but the measure could run into procedural obstacles
Source: WSJ - 🏆 98. / 63 Read more »