Posts Tagged ‘Federal issue’

Congress Averts Debt Crisis for Now, New Resources for Educators

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This blog post is written by AACTE consultant Jane West and is intended to provide updated information. The views expressed in this post do not necessarily reflect the views of AACTE. 

Congress has been working hard this week, even though they are out of session. Negotiations on the reconciliation bill continue intensely behind the scenes, and next week promises to be action packed when they return.  

Default Averted: President Biden Signs into Law Short-Term Measure to Raise the Debt Ceiling

On Thursday, President Biden signed into a law a bill to raise the debt ceiling, averting a default on the nation’s financial obligations through at least December 3.  The House interrupted their scheduled recess and voted on the Senate passed measure earlier in the day. As you recall, last week the Senate passed the short-term debt ceiling extension with  a party line 50-48 vote–though 11 Republicans ultimately joined with Democrats to get the required 60 votes to overcome the legislative filibuster.

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