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

Video Miami Cubans Divided on New US Policy

While older, more conservative Cuban Americans have promoted anti-Castro political movement for years, younger generations say economically, it is time for change More

2014 Sees Dramatic Uptick in Boko Haram Abductions

Militants suspected in latest mass kidnapping of over 100 people in Gumsuri, Nigeria on Sunday More

Video Cuba Deal Is Major Victory for Pope

Role of Francis hailed throughout US, Latin America - though some Cuban-American Catholics have mixed feelings More