Bipartisan debt limit package unveiled as clock ticks toward ‘x date’
That’s just $1 billion lower than the comparable figure this current fiscal year, officials said.
Search Roll Call
Search the Roll Call archive by keyword, date, Congress, section, or tags.
419 results for "1"
Bipartisan deal reached to raise debt limit, cap appropriations
As described by sources familiar with the accord, the nation’s borrowing cap would be suspended until Jan. 1, 2025, avoiding another market-rattling fight during an election year.
Debt limit deal appears close as negotiators keep working
While the deadline shift from June 1 to June 5 doesn’t change negotiators’ urgency, it could help them get a bill through both chambers of Congress before the "x date."
Yellen: Treasury to have ‘insufficient resources’ by June 5
She had previously warned lawmakers that the department’s funds could run too low as soon as June 1, so the update offered slightly more breathing room as McCarthy and the White House work to negotiate
Parties moving closer on debt ceiling deal as talks drag on
But spending would grow just 1 percent the following year, in line with the GOP bill. Talks remained fluid as negotiators worked into the night Thursday.
Leadership dynamics explain why there’s still no debt limit deal
Treasury Secretary Janet Yellen has warned if lawmakers don’t act before June 1 her department may run out of cash and accounting maneuvers needed to pay all government debt obligations.
Debt limit talks back on, this time with change of venue
Their bill, which passed the House last month, would then cap spending growth at 1 percent for several following years.
Debt talks: Why Republicans shouldn’t allow tax increases on the table
But the share of the tax cuts for the top 1 percent was not as much as the share they pay in taxes — and some of the super wealthy experienced tax increases." But some critics never give up.
Debt limit vibe back on the upswing after White House meeting
Yellen has been clear that she can’t guarantee the government won’t breach the $31.4 trillion debt limit much past June 1, which has lit a fire under negotiators to get a deal before next week.
Wide gulf between debt limit negotiators as time grows short
The precarious nature of negotiations has lawmakers on both sides of the aisle worried about their ability to lift the debt limit before June 1, when the Treasury Department expects it may run out of cash
Another day, another pause in debt ceiling negotiations
No deadline wiggle room Graves and McHenry each said they view June 1 as a hard deadline for resolving the debt limit impasse. Treasury Secretary Janet L.
McCarthy says debt limit deal with Biden possible
Yellen says agency officials have determined that they can’t guarantee all federal payments can be made on time beyond June 1 without a debt limit increase or suspension.
McCarthy: No deal yet, but debt limit meeting ‘productive’
He also said they still want to limit out-year growth to 1 percent annually, as they did with a decade of spending caps in the House-passed bill.
Biden, McCarthy will attempt to salvage debt limit deal
Yellen warned again Sunday that federal borrowing authority could run dry as early as June 1, leaving the government unable to pay all its bills.
‘Pause’ lifted, debt limit talks back on
House Republicans have pushed for a decade of caps on discretionary spending, which would revert to fiscal 2022 levels next year and then allow for 1 percent annual growth.
Contours of debt limit deal start to take shape
Yellen said could hit as early as June 1, negotiators are attempting to reach a framework for a deal by Sunday, when President Joe Biden returns from a trip to the G-7 summit in Japan.
Tighter TANF requirements may be ripe for debt limit accord
The number of families receiving benefits dropped by over 50 percent during that time, however, from around 2.1 million to less than 1 million, according to Department of Health and Human Services data
Party leaders optimistic as debt limit negotiators get to work
Lawmakers are signaling they could adjust those plans to ensure they pass a bill reflecting a potential deal before June 1, when Treasury Secretary Janet L.
Debt limit talks pared down to proxies for Biden, McCarthy
Yellen reiterated this week that the government could hit the "x date" when it no longer has enough funds to pay all its bills on time as soon as June 1.
Parties scramble for deal on debt limit, budget
the pressure on, reiterating in a letter to lawmakers Monday that the government could run out of cash and "extraordinary measures" used to stay under the $31.4 trillion debt ceiling as soon as June 1.