Content Tagged As ceiling

9 months 1 week ago

GOP Senator says possible deal on debt limit

A Republican senator says she understands Senate leaders have reached an agreement to avoid a Treasury default and reopen the government after a 16-day partial shutdown. Sen. Kelly Ayotte of New Hampshire made her comments Wednesday as she walked into a meeting of Senate Republicans in leader Mitch McConnell's office....

3 years 3 days ago

Vote postponed in House over debt plan

WASHINGTON (AP) - House GOP leaders are postponing a vote on a plan to trade more than $1 trillion in spending cuts for an increase in the government's borrowing cap that would be nearly as large. Rep. David Dreier of California says the postponement is because congressional scorekeepers said...

4 years 8 months ago

Treasury expects debt limit will be hit in December

The Treasury Department expects to hit the government's debt limit in December, two months later than its initial estimate, after scaling back an emergency loan program as the financial crisis abated. Treasury Department officials say they're working closely with Congress to pass the legislation needed to boost the debt ceiling,...

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