Economyone year ago
House Speaker says Democrats should cap spending to avoid US debt default
US House Speaker says Democrats would agree to cap government spending to avoid a US debt default.
debt default
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US staring down shutdown with no debt limit deal in sight
Lawmakers face a December 3 deadline to raise the debt ceiling before the US defaults on its debts.
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US House votes for short-term debt ceiling increase, averting default
The US House gave final approval on Tuesday to legislation temporarily raising the government's borrowing limit to $28.9 trillion.
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Schumer: US default on debt could be disastrous for the economy
US Senate Majority Leader Chuck Schumer has said Congress must get a bill raising the debt ceiling to President Joe Biden's desk by the end of the week
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