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Congress sends debt ceiling bill to Obama averting default
The Senate approved a bill to raise the debt limit through May 18, sending it to President Obama after House passage. It would allow borrowing above $16.4 trillion to meet obligations, with a provision to withhold lawmakers' pay if they fail to produce a budget. The vote split along party lines as Republicans pressed for deeper spending cuts.
MENTIONED IN THIS ARTICLE
Washington
Congresset
Barack ‘Obama
Whit House
Republians United
Senate
House
Treasury
White House
Obama
United States
Max Batcus
Dc-Montid
Reublcan
Mitch McConnl
Congress
Joe Manchin
West Virginia