U.S. Senate's Schumer announces agreement to extend debt ceiling until early December

U.S. Senate reaches deal on short-term debt-limit extension as potential default looms - People's Daily Online

Photo taken on Sept. 30, 2021 shows the U.S. Capitol building in Washington, D.C., the United S

'Republicans blinked!' Ted Cruz slams members of his own party for not pushing for debt default

Republicans are in disarray after the GOP's Senate leader came to an agreement to raise the debt ceiling to prevent the federal government from defaulting on its debt."Thursday's debt-limit deal has prompted a new round of attacks on Senate Minority Leader Mitch McConnell by former president Donald Trump and his supporters, highlighting McConnell's beleaguered role in a party where Trump remains the most powerful force," The Washington Post repo…

Senate gears up to vote to extend debt ceiling through early December - Local News 8

By Clare Foran and Ali Zaslav, CNNThe Senate is gearing up to vote Thursday evening to extend the nation’s debt limit through early December after Democrats and Republicans reached a deal to avert economic disaster following weeks of partisan deadlock over the issue.At around 7:30 p.m. ET, the Senate is slated to vote to break a filibuster on the agreement to raise the debt ceiling, which needs 60 votes to succeed.LIVE UPDATES: The latest on the…

Default crisis dodged — for now — with Dem-GOP debt accord

Senate leaders have announced an agreement to extend the government's borrowing authority into December, temporarily averting an unprecedented default that experts say would have decimated the economy.

Default crisis dodged — for now — with Dem-GOP debt accord

By KEVIN FREKING, ALAN FRAM and ALEXANDRA JAFFEWASHINGTON (AP) — Senate leaders announced an agreement Thursday to extend the government’s borrowing authority into December, temporarily averting an unprecedented federal default that experts say would devastate the economy.“Our hope is to get this done as soon as today,” Senate Majority Leader Chuck Schumer declared. Republican leader Mitch McConnell, whose party has been blocking the debt limit …

Default crisis dodged — for now — with bipartisan debt accord

WASHINGTON >> Senate leaders announced an agreement today to extend the government’s borrowing authority into December, temporarily averting an unprecedented federal default that experts say would devastate the economy.