List of All Articles with Tag 'limit'

Arizona state officials announced Thursday the state will no longer grant certifications for new developments within the Phoenix area, as groundwater rapidly disappears amid years of water overuse and climate change-driven drought.

Senators are racing the clock to pass a bill to to suspend the nation's debt limit through January 1, 2025 -- but it's not yet clear when a final vote will take place as the threat of default looms.

The House of Representatives is on track to vote Wednesday on a bill to suspend the nation's debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default.

House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error.

President Joe Biden and House Republicans have reached an agreement in principle to address the debt limit and cap spending. The bill text was released on Sunday evening, but the work is far from done. Now leaders in both parties have to convince enough of their members to vote for the deal, which contains provisions that lawmakers on each side of the aisle don't support.

Party leaders in Washington are waging an urgent campaign Monday to convince Democrats and Republicans to get behind compromise legislation that would avert a first-ever national default, with each side proclaiming victory following marathon talks.

The White House and Republican leaders in Congress were mounting an intensive push Sunday to consolidate support around an tentative agreement to raise the nation's borrowing limit, their urgent task made complicated by members of both parties voicing concerns over different provisions.

White House and House GOP negotiators are racing to finalize a deal to raise the nation's debt limit as early as Saturday with time running perilously short and the risk of a first-ever US default growing.

There are signs that negotiations over raising the nation's debt limit are gaining momentum, but major differences remain and it's unclear how quickly an agreement could come together. Time is running short as the risk of a first-ever default grows.

House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.

Investors and the public have been content to largely brush off the slow-motion Washington march toward a self-imposed economic catastrophe.

Negotiations are continuing to unfold in an attempt to reach a debt limit deal, but major differences between House Republicans and the White House have yet to be bridged, and the pressure is only intensifying as the risk of default grows ever more real with each day.