Senate passes debt ceiling invoice, sends to Biden

Senate Majority Chief Charles Schumer, D-N.Y., conducts a information convention after the senate luncheons within the U.S. Capitol on Tuesday, Might 2, 2023. Tom Williams | Cq-roll Name, Inc. | Getty Pictures WASHINGTON — The Senate handed a Home-approved invoice late Thursday to boost the debt ceiling and cap authorities spending for 2 years, sending … Read more

U.S. can keep away from default in July if it will get money in June: CBO

Folks stroll and journey bicycles previous the US Capitol in Washington, DC, on Could 11, 2023. Jim Watson | AFP | Getty Photos WASHINGTON — The Congressional Funds Workplace on Friday mentioned tax revenues and emergency measures after June 15 “will most likely enable the federal government to proceed financing operations by way of at … Read more