Biden’s Democrats in Congress race to head off shutdown, default

Published by
Reuters

By Richard Cowan and David Morgan WASHINGTON (Reuters) – President Joe Biden’s Democrats will seek on Tuesday to head off two looming dangers to the U.S. economy as they try to keep government operations funded beyond a Thursday deadline and avoid defaulting on its debt. Democrats had hoped to dispatch both tasks with a single vote but were blocked on Monday by Senate Republicans, who said the two should be dealt with separately. Senate Democratic leader Chuck Schumer said more votes were likely, but did not say what course he would take. Lawmakers now have just three days to avert a possible …

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *