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Mitch McConnell

Treasury confirms deadline for raising debt limit

Congress has one month to raise the nation's borrowing limit or the government will default on its debt, the Treasury Department said Friday. Read more »

July 1, 2011

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Unconstitutionality of debt ceiling questioned amidst flurry of activity at White House

As the Senate nears a deadline to determine how to work within the parameters of the national statutory borrowing limit, raising the national debt ceiling may not be... Read more »

June 30, 2011

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Recess canceled; Senate to work next week on debt

The Senate canceled its planned July Fourth recess on Thursday, but partisan divisions remained razor sharp as the clock ticked on efforts to strike a deal to avoid a... Read more »

June 30, 2011

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Senate to work next week on debt limit impasse

The Senate abandoned plans for a July 4 break as time dwindled for lawmakers to strike a compromise on avoiding a government default and reducing mammoth federal... Read more »

June 30, 2011

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Obama, Congress work against, and with, the clock

President Barack Obama has a long history of procrastination conspiring against him as he prods Congress to act swiftly to avoid a government default on its financial... Read more »

June 30, 2011

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