House approves debt limit increase that will last through part of December, sends bill to BidenThe House passed a short-term extension of the debt ceiling without a single Republican vote. Utah GOP Sens. Mike Lee and Mitt Romney voted against it. The bill increases the borrowing limit by $480 billion. President Joe Biden is expected to sign the measure before Oct. 18.
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House temporarily raises debt ceiling, averting default
The House of Representatives followed the Senate on Tuesday, voting 219-206 along party lines to raise the federal debt ceiling and officially avert a potential default. Why it matters: While Congress has pushed off the debt limit issue for now, the fight over a final resolution will be even uglier come December — when lawmakers need to address the problem once again.Stay on top of the latest market trends and economic insights with Axios Market…
US Congress averts default with stop-gap debt limit hike
The Democratic-controlled House of Representatives voted along party lines to pass the stop-gap $480 billion hike, which advanced from the Senate last Thursday after weeks of heated debate.
House passes bill to raise US debt ceiling through early December
Legislation raises US government’s borrowing limit to $28.9tn, as hard-fought vote passes entirely along party lines
U.S. House votes to hike debt ceiling, avert default
The Democratic-controlled U.S. House of Representatives gave final approval on Tuesday to a Senate-passed bill temporarily raising the government's borrowing limit to $28.9 trillion, putting off the risk of default at least until early December.
U.S. Congress averts default with stop-gap debt limit hike
The Republicans dropped their blockade in the Senate
Democrats hike federal debt ceiling by $480 billion
The House of Representatives narrowly passed a debt-ceiling increase on Tuesday, averting a default on U.S. debts until at least December when lawmakers will once again face a showdown on the topic.
House votes to raise debt ceiling, sending bill to Biden and setting up another fight over borrowing limit
By extending the nation's borrowing limit for a few weeks, lawmakers set up another debt ceiling fight in early December.
House sends debt limit hike to Biden, staving off default
Members of the House have approved a short-term hike to the nation’s debt limit
House approves debt ceiling extension through early December
The House of Representatives approved an extension of the nation's debt limit through early December after the Senate passed the stopgap measure last week in a bid to avert a catastrophic default and economic disaster.
Nancy Pelosi looks to future solution on US debt ceiling issue
The Democratic-controlled US House of Representatives was expected last night to give final approval to a Senate-passed bill temporarily raising the government’s borrowing limit to $28.9trn, putting off the risk of default until early December.