WASHINGTON, Dec. 17 (UPI) -- The U.S. House of Representatives took steps to increase the borrowing power of the federal government, which was nearing its credit limit of $12.1 trillion.
WASHINGTON, Dec. 16 (UPI) -- The U.S. House, on a 218-214 vote, eked out passage of a temporary increase to the debt ceiling Wednesday.
WASHINGTON, Dec. 11 (UPI) -- U.S. House Majority Leader Steny H. Hoyer said Friday the U.S. debt ceiling must be bumped up at least $1.8 trillion to avoid any defaulting on debts.
WASHINGTON, Dec. 10 (UPI) -- Language that would raise the U.S. debt ceiling will be included in a defense spending bill up for a vote next week, House Speaker Nancy Pelosi said Thursday.
WASHINGTON, March 13 (UPI) -- Republicans, having lost the majority in the U.S. Congress, are expected to take on the old Democratic role of hammering the majority on the debt limit.
WASHINGTON, May 3 (UPI) -- The U.S. House has sent legislation to the Senate that would raise the federal debt limit to nearly $9 trillion, a $781 billion increase.
WASHINGTON, Nov. 19 (UPI) -- President Bush on Friday signed legislation to increases the U.S. debt ceiling to $8.18 trillion.
WASHINGTON, Oct. 15 (UPI) -- Congress must lift the debt ceiling within a week of reconvening next month in order to avoid a federal loan default. Congressional Quarterly reported Friday that Republican leaders will need to move quickly with a bill to increase the $7.4 trillion limit
WASHINGTON, Oct. 14 (UPI) -- The U.S. Treasury announced Thursday the statutory debt ceiling of $7.4 trillion has been reached.
SAN FRANCISCO, June 17 (UPI) -- U.S. Treasury Secretary John Snow said Thursday Congress should raise the debt limit to allow the government to continue borrowing.