Senate approves Trump-backed spending, debt limit bill

WASHINGTON (Reuters) – The U.S. Senate on Thursday passed legislation supported by President Donald Trump that would suspend limits on U.S. borrowing authority for two years and set government spending at higher levels through September 2021. By a vote of 67-28, the Senate fought off opposition from some conservative Republicans and passed the legislation, which was approved by the House […]

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Senate plans to vote on spending, debt limit deal on Thursday: Rubio

WASHINGTON (Reuters) – The U.S. Senate on Thursday aims to pass legislation backed by President Donald Trump that would suspend the federal government’s borrowing limits for two years and set spending levels for numerous federal programs through September 2021, Republican Senator Marco Rubio said on Wednesday. The legislation has already been passed by the House of Representatives and would be […]

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U.S. Congress, White House near deal on spending, debt limit: source

WASHINGTON (Reuters) – U.S. congressional and White House negotiators are close to a deal to extend the Treasury Department’s borrowing authority until July 31, 2021 and establish spending caps on a range of federal programs, a source close to the talks said on Monday. Details were still being worked out, according to the source, who said negotiators were aiming to […]

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Pelosi says she would like to have U.S. debt limit proposal on House floor by July 25

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Wednesday she would like to have a proposal on raising the U.S. debt ceiling on the House floor by July 25. For that to happen, there needs to be an agreement on the debt limit with the administration by Friday, Pelosi told reporters. U.S. borrowing authority could be […]

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