(Cristina Laila) Senate Minority Leader Mitch McConnell on Wednesday caved to Joe Biden and said he would agree to a debt limit increase through December.
debt limit
Yellen Backs Idea of Removing Congress’ Authority Over Debt Limit, As Default Deadline Nears
(Just The News) Yellen has warned of dire financial consequences if the debt limit is not increased and the country cannot repay its debts.