An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner/File Photo
WASHINGTON, Sept 20 (Reuters) – Top Democrats in the U.S. Congress on Monday said they would aim to continue funding the government and increase its borrowing authority in a single bill in coming days, setting up a showdown with Republicans who have vowed not to approve more debt.
House of Representatives Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer said the bill, which must pass by Oct. 1 to avoid the third partial government shutdown in the past decade, would also suspend the nation’s borrowing limit until after the 2022 elections that will determine which party controls Congress.
Senate Republica…
Read the full article at: https://www.reuters.com/business/democrats-include-suspension-us-debt-limit-funding-bill-2021-09-20/
