WASHINGTON — The US government will hit its debt limit in the first week of January, the Treasury Department said on Tuesday, as it pointed to an imminent request for $1.2 trillion increase.
Senator Mark Warner (D-VA) announced Thursday that he had organized a coalition of 36 senators to encourage the congressional “super committee” to seek the broadest possible agreement to address the nation’s spending and debt.
WASHINGTON (Reuters) - The White House said on Saturday it "strongly supports" a bill being considered in the House of Representatives that incorporates both Democratic and Republican ideas and would raise the debt limit to early 2013.
