Search the Roll Call archive by keyword, date, Congress, section, or tags.
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
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.
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.
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.
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.
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.
House Majority Forward, a Democratic nonprofit allied with the House leadership, launched digital ads in several districts as part of a previously announced $1 million campaign.
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.
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
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.
House Republican Conference Chair Elise Stefanik of New York complained that, "with only 15 days until the June 1 deadline, Joe Biden is jetting off to Asia."
Trying to make voters’ top issue, inflation, not the No. 1 issue is usually not a winning strategy. This signals the Biden team believes they can take inflation off the table by next year.
The federal government is expected to run out of enough funds to pay all its bills on time as soon as June 1. Senate Majority Whip Richard J.
Yellen has said the U.S. could default on its debt as early as June 1 unless lawmakers lift the $31.4 trillion ceiling. Rep.
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.
When lawmakers will act — as part of the debt ceiling negotiations or through separate talks — is emerging as a big question as the June 1 deadline nears for raising the debt limit.
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.
Permanently expanding the standard deduction could cost more than $1 trillion over a decade, based on the Congressional Budget Office’s estimate from last May, a price tag that could complicate advancing
Not a single option guarantees the country doesn’t default on or around June 1. None would ensure a smooth path toward an outcome.
"If these were staff meetings happening on Feb. 1, I’d call them productive," he said.