Explainer-What are Congress’ options for funding the gov’t and raising the debt limit?

Published by
Reuters

By Richard Cowan WASHINGTON (Reuters) – The U.S. Congress faces a pair of approaching deadlines to fund the government and address the nation’s $28.4 trillion debt ceiling that will require tricky maneuvering by President Joe Biden’s Democrats over the next few weeks. First up is the Sept. 30 deadline to continue funding federal agencies or face the second partial government shutdown in three years, which would be an embarrassment coming at a time when Washington continues to struggle with the coronavirus pandemic and bolstering the economy. In late October or early November, the U.S. Treasury…

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