The House will vote Wednesday on a temporary extension of the deadline to raise the nation's debt limit, House Majority Leader Eric Cantor confirmed Monday. The House Rules Committee will take up ...
The recently passed One Big Beautiful Bill Act increased the debt limit to $41.2 trillion, or 136 percent of GDP. Some believe that Congress will have to raise the debt limit again before the 2026 ...
On Wednesday, the House voted by a 314–117 margin in favor of H.R. 3746, which, if signed into law, would raise the debt limit for two years and cut spending on some discretionary programs. That bill ...
Members of the House are scrambling to Washington to pass a short-term lift of the nation's debt limit. The vote Tuesday will ensure the federal government can continue fully paying its bills into ...
When the government reaches the new ceiling, expected sometime next year, the debt will represent $30,000 for every man, woman and child in the United States. The House avoided an election-year vote ...
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