WASHINGTON (AP) — The budget deal between congressional leaders and President Barack Obama, aimed at heading off a government shutdown and debt crisis, faces its first hurdle Tuesday when it goes before restive House Republicans, including rebellious arch-conservatives. The two-year pact, which would take those volatile fiscal issues off the table until after the 2016 … Continue reading
Tag Archives: Nancy Pelosi
Treasury: Nov. 5 deadline for Congress to act on debt limit
WASHINGTON (AP) — The deadline for Congress to increase the government’s borrowing limit is coming earlier than expected, moving up to about Nov. 5. That means the issue likely must be addressed before House Speaker John Boehner, R-Ohio, leaves Congress at the end of October. Three weeks ago, Treasury Secretary Jacob Lew issued a less … Continue reading