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Debt Ceiling Looms Over Capitol as Congress Returns to Work
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WASHINGTON—A deeply divided Congress will return to work this week, pushing ahead with partisan priorities in the Senate and House while also gearing up for a fight over how lawmakers will address raising the debt ceiling before a potential default later this year.
The Senate, narrowly controlled by Democrats as it opens its new session, is expected to focus primarily on confirming President Biden’s executive and judicial nominees in the coming weeks. Immigration is emerging as one area of possible compromise after a group led by Sen. Kyrsten Sinema (I., Ariz.) and Sen. John Cornyn (R., Texas) co-hosted a bipartisan delegation of senators to the Texas and Arizona borders during the January recess.
Read more on wsj.comAbout this in other media
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
Social Security, Medicare Cuts Sidelined in Debt-Ceiling Talks wsj.com /1 year ago
Core Scientific to hand over 27K rigs to pay $38M debt cointelegraph.com /1 year ago
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