President Joe Biden on Friday signed a bill that enables Congress to fast-track raising the United States debt limit. “The United States pays its debts when they are due. That’s why today, I signed a bill to fast-track the process to raise our debt limit,” Biden, a Democrat, said in a statement. The White House…
Biden Signs Bill That Lets Congress Fast-Track Raising US Debt Limit
Senate Passes Bill Opening Path to Raise US Debt Limit, Sends to Biden’s Desk
The U.S. Senate voted to pass legislation that would expedite the process for passing a bill to raise the federal government’s $28.9 trillion debt limit, to avert a U.S. default. The vote for the measure was 59-35, with 10 Republicans joining Democrats in favor of the bill. Senate Minority Leader Mitch McConnell (R-Ky.) was among those in…
House Passes Bill That Would Enable Congress to Raise Debt Ceiling With Simple Majority Vote
The U.S. House of Representatives late Tuesday passed a procedural bill that would allow Congress to expedite legislation raising the federal debt limit by a simple majority vote. If the House-approved procedural bill is signed into law, Democrats would then be expected to pass a second, separate bill on their own to raise the debt limit by…
NTD News Today Full Broadcast (Oct. 15)
President Joe Biden signs a bill raising the nation’s debt limit, for now. And we take a look at the supply chain backlog. How much longer do port officials think it will last? An NBA player opts out of the vaccine. He won’t be able to play because of this, and it’s going to cost…
Democrats Introduce Bills to Abolish, Reform Debt Ceiling
Frustrated over Republicans stonewalling their efforts to raise the debt ceiling, Democrats in the House have introduced two bills that would abolish the debt ceiling or significantly reform it by placing it largely out of Congress’ jurisdiction. The two bills were introduced by Rep. Brendan Boyle (D-Pa.) and contain two separate approaches to the debt…
NTD News Today Full Broadcast (Oct. 13)
The debt limit extension is on its way to President Joe Biden to be signed into law, after the House approved it. And the president is hosting a meeting on the supply chain crisis. What’s causing it? Lawmakers are trying to boost the defense budget by 5%. But the Congressional Budget Office suggests otherwise. They…
NTD News Today Full Broadcast (Oct. 8)
Senators vote to raise the debt limit temporarily, and prevent the government from defaulting. What’s next? And are they just kicking the can down the road? Analysis shows President Joe Biden’s child tax credit will benefit blue state families more than red state families. That’s because it’s calculated based on different child care costs and…
Deep Dive (Oct. 7): Sen. Chris Murphy Blasts Short-Term Deal on Debt Limit
Lawmakers reached a deal Thursday to temporarily end the debt ceiling debate. That’s because default would be financially catastrophic for the economy and millions of Americans. The proposal is a short-term increase of the debt ceiling until December. But not everyone is on board. Sen. Chris Murphy (D-Conn.) said, “That sounds like a terrible idea … just…
NTD News Today Full Broadcast (Oct. 7)
A debt limit compromise: Senate leaders are working on a last-minute bipartisan deal that would prevent a default, for now. But is the White House on board? A member of “the squad” is taking heat. It comes after she said that she was only wearing a mask because she had a tracker from the other…
Deep Dive (Oct. 6): Facebook CEO Blasted for Going Sailing During Hearing
On Capitol Hill, both sides of the aisle trade verbal blows as Congress works to raise the debt ceiling. Senate Majority Leader Chuck Schumer said, “If Republicans would just get out of the … way, we could get this all done.” Senate Minority Leader Mitch McConnell pushed back, saying the Democrats created their own mess:…
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