What day is it, anyway? As talks drag on, the situation is getting painful for everyone from the negotiators to the tourists on Capitol Hill.
Tag: House of Representatives
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Time Is Running Out for Congress to Raise the Debt Ceiling
With a June 5 deadline looming, there is much to be done to prevent the default that leaders of both parties said would never happen.
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Investors See Hope for a Debt Limit Deal
Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.
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Debt Ceiling Is First Big Test for Hakeem Jeffries, the Top House Democrat
Hakeem Jeffries, the New Yorker who succeeded Nancy Pelosi this year as the House’s top Democrat, is getting a trial by fire.
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Military Spending Emerges as Big Dispute in Debt-Limit Talks
President Biden has offered to freeze discretionary spending, including for defense. Republicans want to spend more for the military, and cut more elsewhere.