USA

Congress Switches Focus to Debt Limiti
X
February 09, 2014 9:04 PM
The coming week will see a return to fiscal drama in the U.S. Capitol, with lawmakers scrambling to raise the federal borrowing limit before they adjourn for a week-long recess. VOA’s Michael Bowman reports, Democrats and Republicans have yet to agree on a formula to boost the debt ceiling, and failure to act would leave the U.S. government unable to pay all its bills by the end of the month.

Congress Switches Focus to Debt Limit

Published February 09, 2014

The coming week will see a return to fiscal drama in the U.S. Capitol, with lawmakers scrambling to raise the federal borrowing limit before they adjourn for a week-long recess. VOA’s Michael Bowman reports, Democrats and Republicans have yet to agree on a formula to boost the debt ceiling, and failure to act would leave the U.S. government unable to pay all its bills by the end of the month.


You May Like

Multimedia US Defense Secretary: Iraqi Forces Lack 'Will to Fight'

Ash Carter criticizes Iraq's reaction to Islamic State; National Security Advisor Susan Rice echoed Carter's concerns in an interview on CBS More

Boko Haram Surrounds Havens With Land Mines

Chad and Cameroon say huge numbers of land mines planted by Boko Haram fighters along Cameroon's border with Nigeria are a danger to people, livestock and soldiers More

Women Peace Activists Cross Korean DMZ

Governments of Koreas give international delegation of women peace activists permission to pass through heavily fortified border, but some critics say symbolic crossing only benefits Pyongyang More