Federal Drive

Debt limit hike denied?

Republicans invited to a White House meeting with President Barack Obama on the troubling national debt are trying to build up pressure for trillions in spendin...

Federal News Network Staff

June 1, 2011 10:31 am

< a min read

wfedstaff | June 4, 2015 6:42 am

Download audio

The House has rejected a bill that would keep the money-machine flowing at your agency. The bill would increase the debt limit ahead of an August 2 deadline. The Treasury department says that’s when the government will default on its obligations. Josiah Ryan, Senate reporter for The Hill, has a progress report.