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‘We averted an economic crisis and economic collapse,’ says president in address to the nation about deal, but will not sign bill before SaturdayHere’s more on how the debt ceiling crisis will impact the US’s credit rating, from the Guardian’s Joan E G…
Compromise package to suspend debt ceiling passed US Senate late on Thursday with 63 votes to 36 The bipartisan bill to solve the US debt ceiling crisis just days before a catastrophic and unprecedented default was on its way to Joe Biden’s desk on Fri…
Hard-right Freedom Caucus members argued the deal should have enacted deeper spending cuts and shorter borrowing limitsKevin McCarthy was all smiles on Wednesday night after the House passed the debt ceiling bill, crafted by the Republican speaker and …
Repayments could start with the passage of the debt ceiling deal, with supreme court to rule on forgiveness this monthThe Senate approved a House resolution on Thursday to repeal Biden’s student loan forgiveness plan.The vote came during a week when st…
With just days before the 5 June default deadline, president Joe Biden has indicated he will sign the bill as soon as it reaches his deskThe Senate narrowly passed a bill to suspend the debt ceiling on Thursday night, sending the legislation to Joe Bid…
US president took a tumble at the end of a ceremony honoring air force graduates in Colorado; White House vows to use vetoSupreme court justices on Thursday took aim at pharmacies who overcharge the government for prescription drugs, their unanimous ru…
Bipartisan agreement to raise the $31.4tn debt ceiling passed US House, allowing president to argue only he can bridge divideSometimes presidencies are about things that don’t happen. Joe Biden will be breathing a mighty sigh of relief that the economi…
Divisions were revealed, between and among party members, but both sides are counting the passage as a winThe US House of Representatives passed the much-debated debt ceiling bill on Wednesday evening, moving the country closer to avoiding a potentiall…
Vote expected to be held at 8:30pm ET and if passed would move next to the Senate for quick approval to protect US from defaultThe House is set to hold its final vote on raising the debt ceiling Wednesday, as leaders of both parties expressed confidenc…
Climate protesters call provision in US debt ceiling bill to expedite controversial project in Virginia and West Virginia a ‘betrayal’Climate activists have stepped up protests over the inclusion of a provision to speed up a controversial gas pipeline’…