Senate Republicans are trying to maintain solidarity with Speaker Kevin McCarthy (R-Calif.), but they are not thrilled with his proposal to extend the debt ceiling for only a year, setting up another ...
Senate Republicans back a $5 trillion debt ceiling increase — the largest ever — but experts say it’s unlikely to raise borrowing costs in the short term.
WASHINGTON — The Senate passed a bill Thursday that will enable Congress to lift the debt ceiling and avert what would be the first-ever default in U.S. history. The legislation, which already cleared ...