1. debit, bill, score, account, due, duty, commitment, obligation, liability, arrears, money owing He is still paying off his debts. 2. (Formal) indebtedness, obligation I owe a debt of thanks to her in debt owing, liable, accountable, in the red (informal), in arrears, overdrawn, ...
the House approved a bill to raise the debt limit by $1.5 trillion, but only on the condition that spending would be cut to 2022 levels and thencappedat 1pc growth per year. It is not expected to not pass through the Senate, which has a Democrat majority...
Neither side has signaled a willingness to compromise heading into the high-stakes Oval Office face-off. Mr. Biden is calling on Congress to pass a bill to raise the debt limit without conditions, while Republicans are demanding debt limit legislation be coupled with spending cuts. The U.S. ...
“After controlling for other factors that could have affected the yield spread, such as economic uncertainty and liquidity in the bill market, we estimated that the debt limit added a premium of about 4 basis points during the debt limit event period in 2009–2010. Applying this premium to ...
House passes spending bill to suspend debt ceiling for 15 months to avoid government shutdown. Fox News' Congressional Correspondent Chad Pergram with the latest. The U.S. government could run out ofcashto pay its bills by mid-October, according to a new analysis from a Washington think tank...
House leaders are planning to bring a debt ceiling"prioritization' bill to the House floor...Strong, Jonathan
McCarthy has said he expects a majority of House Republicans to support the measure. House Minority Leader Hakeem Jeffries said it's his understanding that at least 150 Republicans would vote for the deal, which means at least 68 Democrats would be needed to pass the bill in the House. But...
Health reform repeal will pass the House, but not the Senate. Spending cuts to cripple the implementation of health reform won’t pass the Senate either. There are changes that both sides might agree upon, but passing such a bill would be quite difficult because killer amendments would be har...
Clean debt limit bill The White House has said the debt limit should be addressed without conditions and will not negotiate. This amounts to a demand that Congress pass a clean debt limit bill. But House Republicans have pushed back on this – arguing any debt limit bill needs to be paired...
Then-President Trump gave his blessing, and the deal enjoyed bipartisan support in both chambers. ButRand Paulwasn’t happy, and the Kentucky Republican temporarily blocked the bill from passing the Senate, demanding a vote to strip the debt limit increase from the package and keep the government...