US Senate approves bill raising debt limit by $480 billion
Bill will also need to pass the House before being transferred to President Joe Biden.
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Debt Ceiling
News and updates about Debt Ceiling
Senate, House Approve Deal to End Shutdown
The short-term bill will end the partial government shutdown and raise the debt ceiling.
Boehner: Obama Insisting On Our Surrender
U.S. House Speaker rejects Obama’s stance that he’ll talk to Republicans only after the partial government shutdown ends.
Obama: Raise the Debt Ceiling Or We're in Trouble
President Barack Obama says the U.S. economy risks a “very deep recession” if Congress doesn’t raise the debt ceiling.
Obama Warns Republicans Against Foul Play
Obama warned Republicans against using the debt ceiling as a "bargaining chip," saying a failure to raise it would sow financial chaos.
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