House returns to stave off default with debt limit vote

By Kevin Freking | Associated Press

WASHINGTON — Members of the House are scrambling back to Washington on Tuesday to approve a short-term lift of the nation’s debt limit and ensure the federal government can continue fully paying its bills into December.

The $480 billion increase in the country’s borrowing ceiling cleared the Senate last week on a party-line vote. The House is expected to approve it swiftly so President Joe Biden can sign it into law this week. Treasury Secretary Janet Yellen had warned that steps to stave off a default on the country’s debts would be exhausted by Monday, and from that point, the department would soon

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