Thursday, July 11, 2019

High anxiety hits Senate over raising debt ceiling

High anxiety hits Senate over raising debt ceiling-thehill: Senators are growing anxious that they might have to vote to raise the nation’s debt ceiling in a matter of weeks given new estimates that the government could hit its borrowing limit earlier than expected. The debt limit was exceeded earlier this year, and the Treasury Department is now taking steps known as “extraordinary measures” to prevent the government from going over its borrowing limit.