The Senate will act to raise the country's debt limit on Thursday before closing shop for the year. That's the plan anyway.
Senate OKs $290 billion hike to debt limit
With the federal government inching close to the debt ceiling, the Senate on Thursday passed a $290 billion increase to the amount of debt the Treasury is allowed to have.
House passes $290 billion boost to debt limit
The House on Wednesday narrowly passed a $290 billion increase to the amount of debt the Treasury is allowed to have. Currently, the debt ceiling is set at $12.104 trillion, and if the Senate...
Senate takes a stab at financial reform
The head of a key banking panel is expected Monday to release a draft bill of sweeping regulatory changes aimed at warding off future collapses in the financial system.
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