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debt limit, Congress and Treasury

U.S. likely to hit debt limit by August if Congress doesn’t act, Treasury warns

The projected ‘X-date,’ or the day on which the country risks missed payments on loans, gives lawmakers only three months to avoid financial disaster.

POLITICO on MSN · 11h

U.S. likely to hit debt limit X-date in August, Treasury says

The Treasury Department said Friday it would likely run out of cash to pay the nation’s bills by August, setting a new, firmer deadline for Congress to act to avoid a catastrophic default on the United States’ more-than $36 trillion debt.

MarketWatch · 1d

Debt limit to be hit by August, Bessent tells Congress

Special measures to keep the U.S. government under its debt limit could run out by August, Treasury Secretary Scott Bessent told lawmakers on Friday, according to multiple reports. In a letter to Congress,

10h

Republicans Continue Rolling Back Biden-Era Rules Through Congressional Review Act

The Senate has passed at least 14 resolutions to disapprove a regulation, with three having been signed into law, six ...

The Grand Junction Daily Sentinel2h

Hurd introduces REPORT Act aimed at Congressional authority on tariffs

Colorado’s 3rd Congressional District U.S. House Rep. Jeff Hurd (R-Grand Junction) has introduced a second piece of ...

Fierce Healthcare16h

Access to Prescription Digital Therapeutics Act reintroduced in Congress

W.Va., and Jeanne Shaheen, D-N.H., reintroduced the Access to Prescription Digital Therapeutics (PDT) Act on Thursday to ...

9don MSN

What Congress Got Done in Trump’s First 100 Days

The six bills Congress has passed is the fewest in a president's first 100 days in over 70 years, according to a TIME ...

Republicans in Congress Use Obscure Law to Roll Back Biden-Era Regulations

As G.O.P. lawmakers have largely ceded power to President Trump, they are also pushing the bounds of a little-known statute to undo federal rules — and potentially undermining the filibuster.

1don MSN

Congresswoman Bynum criticizes Gulf of America Act as waste of time

Congresswoman Janelle Bynum of Oregon's 5th District voiced strong opposition to H.R. 276, the Gulf of America Act, after ...

Treasury secretary calls on Congress to raise or suspend debt ceiling

He is calling on Congress to either raise or suspend the debt ceiling by mid-July. “A failure to suspend or increase the debt ...

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