Tag Archives: Mitch McConnell

Congress Approves $2.5 Trillion Debt Limit Increase

On Tuesday, Congress voted to raise the national debt limit by $2.5 trillion and extend it into 2023, narrowly avoiding a midweek deadline that would have sent the United States into default. The House approved the measure by a 221-209 party-line vote to raise the federal government’s debt limit to …

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President Biden Signs Bill Temporarily Raising Debt Limit

President Biden

President Joe Biden on Thursday signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster. The House passed the $480 billion increase in the country’s borrowing ceiling on Tuesday, after the Senate approved it …

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Bipartisan Group Announces Infrastructure Proposal Agreement

A group of bipartisan lawmakers tapped by President Joe Biden announced Thursday that they had reached an infrastructure deal to present to Congress. The group of 10 Democrats and Republicans said they had reached an agreement on a “realistic, compromise framework to modernize our nation’s infrastructure and energy technologies” and …

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